Britvic (LON:BVIC) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of Britvic (LON:BVICGet Rating) in a research note published on Wednesday, MarketBeat.com reports.

Other equities analysts have also recently issued reports about the stock. Barclays restated an equal weight rating and set a GBX 960 ($11.83) price objective on shares of Britvic in a research report on Monday, January 31st. Peel Hunt reiterated a buy rating and issued a GBX 1,050 ($12.94) target price on shares of Britvic in a research report on Tuesday, April 12th. Morgan Stanley reiterated an equal weight rating and issued a GBX 985 ($12.14) target price on shares of Britvic in a research report on Sunday, April 24th. Citigroup reiterated a buy rating and issued a GBX 1,060 ($13.07) target price on shares of Britvic in a research report on Wednesday, January 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a hold rating and issued a GBX 855 ($10.54) target price on shares of Britvic in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Britvic currently has a consensus rating of Buy and a consensus price target of GBX 963.75 ($11.88).

LON:BVIC opened at GBX 813.50 ($10.03) on Wednesday. The company has a debt-to-equity ratio of 155.79, a quick ratio of 0.77 and a current ratio of 1.08. The company has a fifty day moving average of GBX 822.71 and a two-hundred day moving average of GBX 866.64. The stock has a market capitalization of £2.18 billion and a PE ratio of 21.08. Britvic has a fifty-two week low of GBX 716.54 ($8.83) and a fifty-two week high of GBX 1,018 ($12.55).

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

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.

Further Reading

Analyst Recommendations for Britvic (LON:BVIC)

Receive News & Ratings for Britvic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Britvic and related companies with MarketBeat.com's FREE daily email newsletter.