Fevertree Drinks Plc (FEVR.L) (LON:FEVR) had its target price increased by Jefferies Financial Group from GBX 1,900 ($24.82) to GBX 2,150 ($28.09) in a research report released on Wednesday morning, AR Network reports. The firm currently has a hold rating on the stock.
A number of other research analysts also recently issued reports on FEVR. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell restated a neutral rating on shares of Fevertree Drinks Plc (FEVR.L) in a research note on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft upped their price objective on Fevertree Drinks Plc (FEVR.L) from GBX 1,250 ($16.33) to GBX 1,700 ($22.21) and gave the company a hold rating in a research note on Tuesday, September 22nd. Morgan Stanley restated an equal weight rating on shares of Fevertree Drinks Plc (FEVR.L) in a research note on Tuesday, September 22nd. Barclays restated an overweight rating and issued a GBX 2,500 ($32.66) price objective on shares of Fevertree Drinks Plc (FEVR.L) in a research note on Tuesday, September 15th. Finally, Citigroup reaffirmed a neutral rating on shares of Fevertree Drinks Plc (FEVR.L) in a research report on Wednesday, October 14th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 2,131 ($27.84).
Shares of LON:FEVR opened at GBX 2,327.42 ($30.41) on Wednesday. The company has a market capitalization of £2.71 billion and a PE ratio of 56.26. The company has a debt-to-equity ratio of 0.69, a current ratio of 6.64 and a quick ratio of 5.91. The business has a fifty day moving average price of GBX 2,412.24 and a two-hundred day moving average price of GBX 2,260.64. Fevertree Drinks Plc has a 1 year low of GBX 888.40 ($11.61) and a 1 year high of GBX 2,587 ($33.80).
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, citrus tonic water lemon tonic water, ginger beer, ginger ale, smoky ginger ale, spiced orange ginger ale, Madagascan cola, Sicilian lemonade, lemonade, and spring soda water.
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