Britvic upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Mandeep Sangha upgraded Britvic to Overweight from Equal Weight with a price target of 1,100 GBp, up from 1,000 GBp. The firm says that in the wake of Covid and inflation disruption to the implementation of Britvic’s new growth strategy, it now sees headwinds clearing and multiple sales and margin drivers that can deliver accelerated growth.