Simon Litherland Acquires 18 Shares of Britvic plc (LON:BVIC) Stock

Britvic plc (LON:BVICGet Rating) insider Simon Litherland purchased 18 shares of the company’s stock in a transaction on Monday, June 20th. The stock was purchased at an average cost of GBX 808 ($9.90) per share, for a total transaction of £145.44 ($178.15).

Simon Litherland also recently made the following trade(s):

  • On Wednesday, May 18th, Simon Litherland purchased 18 shares of Britvic stock. The stock was purchased at an average cost of GBX 844 ($10.34) per share, for a total transaction of £151.92 ($186.09).

Shares of LON:BVIC traded down GBX 12 ($0.15) during trading on Tuesday, reaching GBX 800.50 ($9.81). 405,278 shares of the stock were exchanged, compared to its average volume of 507,280. Britvic plc has a 12 month low of GBX 716.54 ($8.78) and a 12 month high of GBX 1,018 ($12.47). The firm has a market cap of £2.14 billion and a PE ratio of 18.41. The stock has a 50-day moving average price of GBX 826.53 and a 200-day moving average price of GBX 855.19. The company has a current ratio of 1.05, a quick ratio of 0.70 and a debt-to-equity ratio of 145.50.

The company also recently disclosed a dividend, which will be paid on Wednesday, July 6th. Stockholders of record on Thursday, May 26th will be issued a dividend of GBX 7.80 ($0.10) per share. This represents a dividend yield of 0.91%. The ex-dividend date is Thursday, May 26th. Britvic’s dividend payout ratio is presently 0.55%.

A number of analysts recently issued reports on BVIC shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Britvic in a research report on Wednesday, May 18th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a GBX 770 ($9.43) target price on shares of Britvic in a research report on Wednesday, June 1st. Peel Hunt reiterated a “buy” rating and set a GBX 1,050 ($12.86) price target on shares of Britvic in a report on Tuesday, April 12th. Morgan Stanley reiterated an “equal weight” rating and set a GBX 985 ($12.07) price target on shares of Britvic in a report on Sunday, April 24th. Finally, Berenberg Bank reduced their price target on Britvic from GBX 1,080 ($13.23) to GBX 1,030 ($12.62) and set a “buy” rating for the company in a report on Monday, May 23rd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Britvic currently has an average rating of “Buy” and an average price target of GBX 963.75 ($11.80).

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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