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Home / Stocks and Markets at Lows / Britvic (BVIC.L) 06-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Britvic (BVIC.L) 06-11-19

Shares in Britvic (BVIC.L) have fallen dramatically from recent highs of 1068p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • This stock is one of the more significant fallers in the period.
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Now trading at 958p (at time of writing). A return to previous highs would represent a rise of 11%.
  • Shares -10% from 12-month highs; +22% from 12 month lows.

Latest News

01 Nov:  Liberum Capital has downgraded its rating on Britvic (BVIC) to hold (from buy) and reduced the target price to 1000p  (from 1050p).

18 Oct:  JP Morgan Cazenove has downgraded its rating on Britvic (BVIC) to neutral (from overweight) and increased the target price to 1065p  (from 985p).

11 Oct:  Deutsche Bank reiterates its buy rating on Britvic (BVIC) and increased the target price to 1100p (from 1050p).

24 Sep:  Liberum Capital today initiates coverage of Britvic (BVIC) with a buy rating and target price of 1050p.

13 Sep:  Jefferies International has upgraded its rating on Britvic (BVIC) to buy (from hold) and increased the target price to 1000p (from 880p).

19 Aug:  Simon Litherland, CEO, bought 17 shares in the firm on the 16th August 2019 at a price of 850.00p. This Director currently has 230,904 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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