Britvic plc (LON:BVIC) Insider Purchases £151.92 in Stock

Britvic plc (LON:BVICGet Rating) insider Simon Litherland acquired 18 shares of the firm’s stock in a transaction on Wednesday, May 18th. The shares were purchased at an average cost of GBX 844 ($10.40) per share, for a total transaction of £151.92 ($187.28).

BVIC traded down GBX 5.50 ($0.07) during mid-day trading on Thursday, hitting GBX 813 ($10.02). The stock had a trading volume of 575,949 shares, compared to its average volume of 499,604. The stock’s fifty day simple moving average is GBX 820.39 and its 200-day simple moving average is GBX 867.55. The company has a debt-to-equity ratio of 155.79, a current ratio of 1.08 and a quick ratio of 0.77. The firm has a market capitalization of £2.18 billion and a price-to-earnings ratio of 21.17. Britvic plc has a 1-year low of GBX 716.54 ($8.83) and a 1-year high of GBX 1,018 ($12.55).

The business also recently disclosed a dividend, which will be paid on Wednesday, July 6th. Investors of record on Thursday, May 26th will be issued a dividend of GBX 7.80 ($0.10) per share. The ex-dividend date is Thursday, May 26th. This represents a dividend yield of 0.91%. Britvic’s payout ratio is 0.73%.

Several analysts have weighed in on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,050 ($12.94) price objective on shares of Britvic in a research note on Tuesday, April 12th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Britvic in a research note on Wednesday. Barclays reissued an “equal weight” rating and set a GBX 960 ($11.83) price target on shares of Britvic in a research note on Monday, January 31st. Citigroup reissued a “buy” rating and set a GBX 1,060 ($13.07) price target on shares of Britvic in a research note on Wednesday, January 26th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a GBX 720 ($8.88) price target on shares of Britvic in a research note on Wednesday, May 4th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 983 ($12.12).

About Britvic (Get Rating)

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It also provides fruit juices, syrups, squash, mineral water, liquid concentrates, ready-to-drink nectar drinks, sodas, mixers, and energy and flavored drinks.

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