Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk,
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[email protected] 0707 GMT [Dow Jones] Britvic (BVIC.LN) update is as expected, says Altium. U.K. has now seen the fourth consecutive quarter of growth, it says, though Britvic underperformed in the stills market, due to a lack of presence in the smoothie market, plain water and juice. Says Ireland is likely to remain challenging for rest of the year. "The share price performance has been spectacular, but with no catalyst contained within today's statement we do not see consensus numbers moving," it says. "Indeed, it could be a good opportunity to lock in some profits." Rates hold with 550p target. Shares -1% at 513p. (
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[email protected] (END) Dow Jones Newswires July 23, 2010 03:07 ET (07:07 GMT)