Britvic Plc -9.3% potential downside indicated by Deutsche

Britvic Plc with ticker (LON:BVIC) now has a potential downside of -9.3% according to Deutsche.

BVIC.L

Deutsche set a target price of 1,080 GBX for the company, which when compared to the Britvic Plc share price of 1,191 GBX at opening today (01/07/2024) indicates a potential downside of -9.3%. Trading has ranged between 770 (52 week low) and 1,214 (52 week high) with an average of 696,622 shares exchanging hands daily. The market capitalisation at the time of writing is £2,995,613,325.

Britvic plc is a United Kingdom-based soft drinks company. The Company operates in the soft drinks manufacturing and distribution industry. Its range of drinks include Barley water, family favorites, fruit creations, others. 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, its 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, it supplies liquid concentrates. Its brands in Brazil include Maguary, Bela Ischia and Dafruta. The International segment includes branded flavored concentrates.