Britvic plc (OTCMKTS:BTVCY) Receives Average Rating of “Buy” from Analysts

Britvic plc (OTCMKTS:BTVCY – Get Rating) has earned an average recommendation of “Buy” from the ten brokerages that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $513.67.

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price target on Britvic from GBX 1,120 ($13.59) to GBX 1,000 ($12.14) in a research note on Friday, March 25th. Morgan Stanley raised shares of Britvic from an “equal weight” rating to an “overweight” rating in a research report on Thursday, June 9th.

Britvic stock opened at $19.90 on Monday. Britvic has a one year low of $19.05 and a one year high of $29.19. The company’s fifty day moving average price is $21.16 and its two-hundred day moving average price is $22.77. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.08 and a quick ratio of 0.84.

The business also recently disclosed a dividend, which will be paid on Monday, July 18th. Stockholders of record on Thursday, June 2nd will be issued a dividend of $0.176 per share. The ex-dividend date of this dividend is Wednesday, June 1st. This represents a dividend yield of 2.97%.

Britvic Company Profile (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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