Zacks Investment Research Lowers BRITVIC PLC/S (OTCMKTS:BTVCY) to Sell

Zacks Investment Research downgraded shares of BRITVIC PLC/S (OTCMKTS:BTVCY) from a hold rating to a sell rating in a research report sent to investors on Monday, Zacks.com reports.

According to Zacks, “Britvic Plc engages in the manufacture and distribution of soft drinks. Its operating business segment consists of GB Stills, GB Carbonates, Ireland, France and International. The company’s products includes sparkling sodas, sophisticated juice drinks, ice tea, squash, syrups, mineral waters, mixers and energy drinks. Its brands include 7Up; Ballygowan; Britvic Mixers, Juices and Cordials, Britvic; C&C; Club Mixers; Club Orange; DaFruta; Drench; Energise Sport; Fruit Shoot; Gatorade; J2O; Lipton; Maguary; MiWadi; Mountain Dew; Pepsi Max; Purdey’s; R Whites; Robinsons; Squash’d; Tango; Tesseire and TK. Britvic Plc is headquartered in Hemel Hempstead, the United Kingdom. “

Other analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reiterated an overweight rating on shares of BRITVIC PLC/S in a report on Wednesday, May 6th. Citigroup reaffirmed a buy rating on shares of BRITVIC PLC/S in a research report on Friday, April 24th. Finally, Berenberg Bank reissued a buy rating on shares of BRITVIC PLC/S in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a sell rating and four have given a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $24.00.

OTCMKTS:BTVCY traded down $0.44 during mid-day trading on Monday, hitting $19.04. The company’s stock had a trading volume of 6,915 shares, compared to its average volume of 25,034. BRITVIC PLC/S has a 1 year low of $12.97 and a 1 year high of $27.35. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.74 and a quick ratio of 0.57. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 12.61 and a beta of 0.92. The business’s fifty day moving average is $19.04 and its two-hundred day moving average is $20.42.

BRITVIC PLC/S Company Profile

Britvic plc, together with its subsidiaries, manufactures, markets, and distributes soft drinks primarily in the United Kingdom, the Republic of Ireland, France, and Brazil. It also provides fruit juices, syrups, liquid concentrates, ready-to-drink nectar drinks, sodas, mixers, energy drinks, and flavored water.

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