Liberum Capital restated their buy rating on shares of Fevertree Drinks (LON:FEVR) in a report issued on Friday morning, Stock Target Advisor reports.
Several other research analysts have also issued reports on the stock. Jefferies Financial Group reiterated a hold rating and issued a GBX 2,400 ($31.36) target price on shares of Fevertree Drinks in a research report on Wednesday, November 20th. HSBC reduced their target price on Fevertree Drinks from GBX 3,400 ($44.43) to GBX 3,300 ($43.12) and set a buy rating on the stock in a research note on Thursday, November 21st. Shore Capital restated a buy rating on shares of Fevertree Drinks in a research report on Thursday, August 15th. Citigroup reaffirmed a neutral rating on shares of Fevertree Drinks in a research note on Monday, September 9th. Finally, Berenberg Bank cut their price objective on Fevertree Drinks from GBX 3,250 ($42.47) to GBX 2,900 ($37.89) and set a buy rating for the company in a report on Tuesday, November 26th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Fevertree Drinks has an average rating of Buy and a consensus target price of GBX 2,812.50 ($36.75).
Shares of Fevertree Drinks stock traded down GBX 53 ($0.69) on Friday, hitting GBX 2,153 ($28.13). 518,016 shares of the company traded hands, compared to its average volume of 460,543. The firm’s 50-day simple moving average is GBX 2,011.07 and its 200 day simple moving average is GBX 2,287.37. The company has a current ratio of 5.17, a quick ratio of 4.35 and a debt-to-equity ratio of 1.01. The company has a market cap of $2.50 billion and a P/E ratio of 39.29. Fevertree Drinks has a 12-month low of GBX 1,697.02 ($22.17) and a 12-month high of GBX 3,290 ($42.99).
Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. The company's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, aromatic tonic water, Clementine tonic water, lemon tonic water, ginger beer, ginger ale, Madagascan cola, Sicilian lemonade, lemonade, and spring soda water.
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