Britvic Plc -16.5% potential downside indicated by RBC Capital Markets

Britvic Plc with ticker (LON:BVIC) now has a potential downside of -16.5% according to RBC Capital Markets.



RBC Capital Markets set a target price of 720 GBX for the company, which when compared to the Britvic Plc share price of 839 GBX at opening today (05/05/2022) indicates a potential downside of -16.5%. Trading has ranged between 717 (52 week low) and 1,018 (52 week high) with an average of 488,286 shares exchanging hands daily. The market capitalisation at the time of writing is £2,251,721,994.

Britvic plc is a United Kingdom-based soft drinks company. The Company operates in the soft drinks manufacturing and distribution industry. It operates through five segments: GB, Brazil, Ireland, France and International. The GB segment include its operations in the United Kingdom excluding Northern Ireland. In Great Britain, the Company’s brands include Robinsons, J2O, Fruit Shoot, R Whites and Purdeys. The Ireland segment includes its operations in Republic of Ireland and Northern Ireland. In Ireland, its portfolio includes brands, such as Ballygowan, MiWadi, Club, TK and Cidona. In France, the Company operates private label syrups business and its brands include Teisseire, Pressade and Moulin de Valdonne brands. In Brazil, the Company supplies liquid concentrates. Its brands in Brazil include Maguary, Bela Ischia and Dafruta. The International segment includes franchise, distribution or licensing arrangements. The Company also offers plant-based drinks brand, Plenish.