FY2023 Earnings Estimate for Britvic plc (OTCMKTS:BTVCY) Issued By Jefferies Financial Group

Britvic plc (OTCMKTS:BTVCY – Get Rating) – Equities researchers at Jefferies Financial Group upped their FY2023 earnings estimates for shares of Britvic in a research report issued to clients and investors on Tuesday, May 17th. Jefferies Financial Group analyst E. Mundy now forecasts that the company will post earnings per share of $1.51 for the year, up from their prior forecast of $1.45. Jefferies Financial Group also issued estimates for Britvic’s FY2024 earnings at $1.63 EPS.

A number of other equities analysts have also recently weighed in on the company. Zacks Investment Research upgraded Britvic from a “sell” rating to a “hold” rating in a report on Monday. JPMorgan Chase & Co. lowered their target price on Britvic from GBX 1,120 ($13.81) to GBX 1,000 ($12.33) in a report on Friday, March 25th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Britvic presently has a consensus rating of “Hold” and a consensus target price of $270.19.

OTCMKTS BTVCY opened at $20.70 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 1.53. Britvic has a twelve month low of $19.58 and a twelve month high of $29.19. The stock has a fifty day simple moving average of $21.49 and a 200-day simple moving average of $23.30.

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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