Britvic Share Discussion Threads

[philanderer] 02/12/2016 09:26

This is more than likely the reason for yesterday`s fall. I expect certain people knew of this 24 hours ago.

Only in the public domain this morning.

Goldmans downgrading from 'buy' to 'neutral' , target cut from 810p to 600p

[mozy123] 02/12/2016 09:16

How cheap does this have to get? Added a few more this morning.

[psync] 02/12/2016 08:51

Heading back down to 2013 levels this morning on a downgrade by Goldman and it hasn't even gone ex-div yet. Prior to the referendum the price was well over 700p and it has been a steady decline since then. Feels like the recent FTSE 100 rally has just been masking a increasingly negative sentiment toward UK stocks in general which is what I think most people expected when the results of the vote were known.

[philanderer] 01/12/2016 23:21

Agree Mozy, defensives getting hit as bond yields rise.

[mozy123] 01/12/2016 23:13

I would have thought a rising £ would have supported the share price.

A tax on sugar, like a tax on alcohol and tobacco will do almost nothing to demand.

Looking exceptionally cheap, like quiet a few others.

Rising bond yields are lumping this share into the consumer staples arena - everything defensive is selling off.

Trump wont be able to do anything with a rising rate environment. He has a $20 trill debt holding him back financed at the short end.

Adding defensive's in the view of QE4 later down the line.

[philanderer] 01/12/2016 17:50

All I could find...

Market report:


".......HSBC maintained its rating for soft drinks company Britvic at 'hold' and kept its price target at 625p. However, while the firm's fourth quarter was "strong" and its fiscal year 2016 profits beat expectations, the broker warned that the soft drinks industry is "likely to remain challenging" with the UK facing input cost inflation and the uncertainty around the sugar tax."

[spoole5] 01/12/2016 17:10

Any reason for it after solid results?

[philanderer] 01/12/2016 13:31

How Nick Strangeway let Britvic loose on its London Essence premium mixers

[philanderer] 01/12/2016 13:26

Britvic adds orange variant to redesigned Robinsons Squash'd range

[philanderer] 01/12/2016 10:19

Checked the broker updates this morning and all the recs so far are unchanged , no downgrades , in fact a couple of tp's nudged up...

1st dec Goldman Sachs buy tp 810p
1st dec JP Morgan neutral tp 580p up from 550p
1st dec HSBC hold tp 625p
1st dec Deutsche hold tp 600p
1st dec Barclays overweight tp 710p
1st dec Jefferies hold tp 600p up from 580p

[mozy123] 01/12/2016 10:06

haha nope - strange

[philanderer] 01/12/2016 09:24

Well that didn`t last long !

[philanderer] 30/11/2016 23:27

'Sugar-free fizzy drinks drive Britvic sales higher - as Robinsons suffers low sugar slump'

[che7win] 30/11/2016 12:40

I also bought here this morning for the first time, been watching for ages!

Paid 559p, only holding 262 shares, a buy and forget share for me I expect.

[philanderer] 30/11/2016 12:31

Good looking statement Mozy. I bought a few more @ 574p today.

Dividend +7.4% :-)

[mozy123] 30/11/2016 11:11

Market has priced this all wrong over the last few months

[mozy123] 30/11/2016 10:41

Fantastic results. 49.3p eps, 17.5p final div on 3rd Feb.

p/e under 12 and double digit growth.

Bargin!

[blobby] 30/11/2016 09:21

Where is the balance sheet in the prelims? There was one last year but I can't find it this time.

[philanderer] 29/11/2016 14:46

Pru adding 100k yesterday... Prelims due tomorrow.

[mozy123] 29/11/2016 11:58

About time Britvic got on the heals of Fever Tree - now if the share price would like to stop falling....

[philanderer] 29/11/2016 11:41

Britvic's The London Essence Co mixer range - Product Launch

[philanderer] 21/11/2016 09:30

Britvic Plc (LON:BVIC) had its price target lowered by Jefferies Group from GBX 650 to GBX 580 ($7.25) in a research note issued on Monday. The firm presently has a “hold” rating on the stock.