Fevertree Drinks PLC (LON:FEVR) has been assigned a consensus recommendation of “Buy” from the six research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,366 ($32.69).
FEVR has been the subject of several research analyst reports. Jefferies Group initiated coverage on shares of Fevertree Drinks in a report on Friday, January 19th. They set a “buy” rating and a GBX 3,000 ($41.45) price target for the company. Shore Capital reiterated a “hold” rating on shares of Fevertree Drinks in a report on Tuesday, December 5th. Investec reiterated a “buy” rating and set a GBX 2,330 ($32.19) price target on shares of Fevertree Drinks in a report on Tuesday, December 5th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 2,400 ($33.16) price target on shares of Fevertree Drinks in a report on Monday, November 20th.
Shares of Fevertree Drinks (LON FEVR) traded down GBX 97 ($1.34) during trading hours on Friday, hitting GBX 2,595 ($35.85). 1,460,000 shares of the stock traded hands, compared to its average volume of 373,990. The firm has a market capitalization of $2,990.00 and a P/E ratio of 8,109.38. Fevertree Drinks has a 52 week low of GBX 1,353.93 ($18.71) and a 52 week high of GBX 2,888.15 ($39.90).
About Fevertree Drinks
Fevertree Drinks plc is a United Kingdom-based holding and investment company. The Company is a developer and supplier of premium mixer drinks. The Company’s premium mixers consist of a range of all natural carbonated mixers, including Tonics, Ginger Ale, Ginger Beer, Bitter Lemon and Lemonades. The Company sells a range of products under the Fever-Tree brand, which include Indian Tonic Water, Naturally Light Tonic Water, Elderflower Tonic Water, Mediterranean Tonic Water, Ginger Ale, Ginger Beer, Naturally Light Ginger Beer, Bitter Lemon, Sicilian Lemonade, Lemonade, Spring Soda Water and Premium Cola.
Receive News & Ratings for Fevertree Drinks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fevertree Drinks and related companies with MarketBeat.com's FREE daily email newsletter.