Fevertree Drinks (OTCMKTS:FQVTF)‘s stock had its “sell” rating restated by equities research analysts at Societe Generale in a research report issued on Thursday, The Fly reports.
FQVTF has been the subject of a number of other research reports. Morgan Stanley reiterated an “equal weight” rating on shares of Fevertree Drinks in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Fevertree Drinks in a research report on Thursday. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Fevertree Drinks in a research note on Wednesday. Finally, Royal Bank of Canada lowered Fevertree Drinks from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, March 30th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold”.
Shares of FQVTF traded down $2.00 during mid-day trading on Thursday, hitting $31.00. 1,417 shares of the company’s stock traded hands, compared to its average volume of 2,194. Fevertree Drinks has a 1 year low of $26.50 and a 1 year high of $38.63. The business has a 50-day simple moving average of $36.14.
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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