Deutsche Bank Aktiengesellschaft Initiates Coverage on Britvic (LON:BVIC)

Equities researchers at Deutsche Bank Aktiengesellschaft began coverage on shares of Britvic (LON:BVIC) in a research note issued to investors on Tuesday, MarketBeat.com reports. The firm set a “buy” rating and a GBX 1,040 ($13.06) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 17.71% from the company’s current price.

Separately, Numis Securities reissued a “hold” rating and set a GBX 900 ($11.31) price objective on shares of Britvic in a research report on Thursday, April 11th.

Britvic Stock Down 0.1 %

Shares of Britvic stock opened at GBX 883.50 ($11.10) on Tuesday. The company has a debt-to-equity ratio of 183.33, a current ratio of 0.98 and a quick ratio of 0.73. The company has a 50-day moving average of GBX 840.63 and a 200 day moving average of GBX 846.76. The firm has a market cap of £2.20 billion, a price-to-earnings ratio of 1,840.63, a PEG ratio of 1.90 and a beta of 0.64. Britvic has a 1 year low of GBX 770 ($9.67) and a 1 year high of GBX 950 ($11.93).

Britvic Company Profile

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.