Britvic's Shares No Longer Look Attractive -- Market Talk
Britvic's Shares No Longer Look Attractive -- Market Talk
DJ Britvic's Shares No Longer Look Attractive -- Market Talk
DJ Britvic的股票看起來不再有吸引力-市場言論
1352 GMT - Britvic's valuation no longer looks attractive, RBC Capital Markets says, cutting its recommendation on the U.K. soft-drinks maker to sector-perform from outperform. Britvic's operating environment has significantly deteriorated, RBC says. The company isn't alone in that fact but, unlike the rest of such stocks in RBC's coverage, it is in a market with limited brand power and its concentrated U.K. presence increases its vulnerability to supply-chain disruption, RBC says. "In addition, its valuation no longer looks attractive on an absolute or relative basis," RBC analyst Emma Letheren says. RBC also cuts its price target on the stock to 870 pence from 1060p. Shares fall 7% to 839p. (philip.waller@wsj.com)
格林威治時間1352-加拿大皇家銀行資本市場(RBC Capital Markets)表示，Britvic的估值看起來不再有吸引力，將對這家英國軟飲料製造商的評級從強於大盤下調至行業表現。加拿大皇家銀行表示，Britvic的經營環境已經明顯惡化。加拿大皇家銀行説，該公司並不是唯一一家這樣的公司，但與加拿大皇家銀行報道的其他此類股票不同，該公司所處的市場品牌實力有限，而且其在英國的集中業務增加了其受供應鏈中斷影響的脆弱性。加拿大皇家銀行(RBC)分析師艾瑪·萊瑟倫(Emma Letheren)表示：“此外，無論從絕對還是相對角度看，它的估值都不再具有吸引力。”加拿大皇家銀行還將該股的目標價從1060便士下調至870便士。股價下跌7%，至839便士。(Philip.waller@wsj.com)
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October 11, 2021 09:52 ET (13:52 GMT)
2021年10月11日東部時間09：52(格林尼治標準時間13：52)
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