Fevertree Drinks’ (FEVR) “Hold” Rating Reiterated at Deutsche Bank

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Fevertree Drinks (LON:FEVR)‘s stock had its “hold” rating reissued by investment analysts at Deutsche Bank in a research note issued on Friday, ThisIsMoney.Co.Uk reports.

Other analysts have also recently issued reports about the stock. Jefferies Financial Group reissued a “hold” rating on shares of COMPASS GRP PLC/S in a research note on Tuesday, April 9th. Shore Capital reissued a “hold” rating on shares of S & U in a research note on Tuesday, March 26th. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 485 ($6.34) price target on shares of in a research note on Tuesday, July 9th. Berenberg Bank increased their price target on shares of from GBX 1,915 ($25.02) to GBX 2,025 ($26.46) and gave the company a “buy” rating in a research note on Tuesday, June 4th. Finally, HSBC set a $46.00 price target on shares of Aqua America and gave the company a “buy” rating in a research note on Friday, June 28th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 3,312.50 ($43.28).

FEVR opened at GBX 2,207 ($28.84) on Friday. Fevertree Drinks has a one year low of GBX 2,106 ($27.52) and a one year high of GBX 4,120 ($53.84). The company has a debt-to-equity ratio of 3.32, a current ratio of 4.31 and a quick ratio of 3.53. The firm’s 50 day moving average is GBX 2,450.44. The company has a market capitalization of $2.56 billion and a PE ratio of 41.48.

About Fevertree Drinks

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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Analyst Recommendations for Fevertree Drinks (LON:FEVR)

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