Britvic Plc Expected to Post FY2018 Earnings of $1.47 Per Share (BTVCY)

Britvic Plc (OTCMKTS:BTVCY) – Stock analysts at Jefferies Group upped their FY2018 earnings per share estimates for shares of Britvic in a note issued to investors on Friday. Jefferies Group analyst E. Mundy now expects that the company will post earnings per share of $1.47 for the year, up from their prior estimate of $1.41. Jefferies Group also issued estimates for Britvic’s FY2019 earnings at $1.58 EPS and FY2020 earnings at $1.69 EPS.

Separately, Zacks Investment Research upgraded Britvic from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Thursday, October 12th.

Shares of Britvic (OTCMKTS:BTVCY) remained flat at $$20.06 during midday trading on Monday. Britvic has a 52 week low of $13.75 and a 52 week high of $20.22.

The business also recently announced a None dividend, which will be paid on Thursday, February 15th. Shareholders of record on Monday, December 11th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, December 8th. This is an increase from Britvic’s previous None dividend of $0.17.

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Britvic 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 offers soft drinks comprising sparkling sodas, juice drinks, ice tea, squash, syrups, mineral water, mixers, energy drinks, liquid concentrates, and ready-to-drink nectar drinks under the 7Up, Ballygowan, 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, Teisseire, and TK, as well as Britvic Mixers, Juices, and Cordials brands.

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