Jefferies Financial Group Reiterates “Buy” Rating for Fevertree Drinks (LON:FEVR)

Fevertree Drinks (LON:FEVR)‘s stock had its “buy” rating restated by Jefferies Financial Group in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 1,080 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 33.75% from the stock’s current price.

Several other research firms have also commented on FEVR. Deutsche Bank Aktiengesellschaft increased their price target on shares of Fevertree Drinks from GBX 840 to GBX 900 and gave the company a “hold” rating in a research report on Wednesday, March 25th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 920 target price on shares of Fevertree Drinks in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 950.

Fevertree Drinks Price Performance

Fevertree Drinks stock opened at GBX 807.50 on Tuesday. The firm has a market capitalization of £920.07 million, a PE ratio of 43.37, a P/E/G ratio of -4.51 and a beta of 1.13. Fevertree Drinks has a 52 week low of GBX 711 and a 52 week high of GBX 1,020. The firm’s 50-day simple moving average is GBX 795.76 and its 200 day simple moving average is GBX 833.24. The company has a quick ratio of 3.21, a current ratio of 3.57 and a debt-to-equity ratio of 1.70.

Fevertree Drinks (LON:FEVR) last posted its earnings results on Tuesday, March 24th. The company reported GBX 18.78 earnings per share for the quarter. Fevertree Drinks had a net margin of 6.95% and a return on equity of 9.32%. On average, equities research analysts predict that Fevertree Drinks will post 38.3184173 EPS for the current fiscal year.

Fevertree Drinks Company Profile

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.