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

Britvic plc (LON:BVICGet Rating) insider Simon Litherland bought 18 shares of the business’s stock in a transaction that occurred on Monday, June 20th. The stock was acquired 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 bought 18 shares of Britvic stock. The stock was acquired at an average cost of GBX 844 ($10.34) per share, for a total transaction of £151.92 ($186.09).

Shares of BVIC opened at GBX 795 ($9.74) on Friday. Britvic plc has a 52 week low of GBX 716.54 ($8.78) and a 52 week high of GBX 1,018 ($12.47). The stock has a market cap of £2.13 billion and a P/E ratio of 18.03. The business’s 50 day moving average price is GBX 824.75 and its 200-day moving average price is GBX 853.53. The company has a quick ratio of 0.70, a current ratio of 1.05 and a debt-to-equity ratio of 145.50.

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. The ex-dividend date is Thursday, May 26th. This represents a yield of 0.91%. Britvic’s payout ratio is currently 0.55%.

Several analysts have weighed in on the company. Berenberg Bank cut their price objective on Britvic from GBX 1,080 ($13.23) to GBX 1,030 ($12.62) and set a “buy” rating on the stock in a research report on Monday, May 23rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 770 ($9.43) price objective on shares of Britvic in a research report on Wednesday, June 1st. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,050 ($12.86) price objective on shares of Britvic in a research report on Tuesday, April 12th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Britvic in a research report on Wednesday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 855 ($10.47) price objective on shares of Britvic in a research report on Wednesday, May 18th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate 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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