Britvic (LON:BVIC) Price Target Increased to GBX 1,315 by Analysts at Deutsche Bank Aktiengesellschaft

Britvic (LON:BVIC) had its price objective upped by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 1,080 ($13.83) to GBX 1,315 ($16.84) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 4.61% from the company’s previous close.

Other research analysts have also issued research reports about the stock. Numis Securities restated a “hold” rating and set a GBX 900 ($11.53) price target on shares of Britvic in a report on Thursday, April 11th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Britvic in a report on Thursday, May 23rd.

Britvic Trading Down 0.4 %

BVIC opened at GBX 1,257 ($16.10) on Tuesday. The company’s 50 day moving average is GBX 1,027.57 and its 200-day moving average is GBX 911.65. Britvic has a 1-year low of GBX 770 ($9.86) and a 1-year high of GBX 1,287 ($16.49). The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 253.32. The company has a market cap of £3.11 billion, a P/E ratio of 2,464.71, a PEG ratio of 1.90 and a beta of 0.62.

Insider Buying and Selling at Britvic

In other Britvic news, insider Rebecca Napier sold 11,717 shares of the business’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of GBX 1,176 ($15.06), for a total transaction of £137,791.92 ($176,497.91). In the last 90 days, insiders acquired 48 shares of company stock worth $44,492. 6.36% of the stock is owned by corporate insiders.

About Britvic

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 provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.