Zacks Investment Research cut shares of Britvic (OTCMKTS:BTVCY) from a buy rating to a hold rating in a research report report published on Wednesday morning.
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. “
Separately, Deutsche Bank raised shares of Britvic from a hold rating to a buy rating in a research note on Thursday, January 18th.
Shares of Britvic (BTVCY) opened at $20.75 on Wednesday. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.69 and a current ratio of 0.93. Britvic has a one year low of $15.40 and a one year high of $22.23.
The firm also recently disclosed a None dividend, which will be paid on Thursday, February 15th. Investors of record on Monday, December 11th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, December 8th. This is a boost 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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