Fevertree Drinks’ (FEVR) “Hold” Rating Reaffirmed at Berenberg Bank

Fevertree Drinks (LON:FEVR)‘s stock had its “hold” rating reissued by stock analysts at Berenberg Bank in a research report issued to clients and investors on Monday, Digital Look reports. They presently have a GBX 780 price objective on the stock. Berenberg Bank’s price target would suggest a potential downside of 3.52% from the company’s previous close.

Separately, Jefferies Financial Group boosted their target price on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the company a “buy” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 920.

Fevertree Drinks Stock Up 3.8%

Shares of LON FEVR opened at GBX 808.47 on Monday. The firm’s 50-day moving average price is GBX 830.05 and its 200-day moving average price is GBX 820.84. The company has a current ratio of 3.16, a quick ratio of 3.21 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of £901.48 million, a price-to-earnings ratio of 43.42, a P/E/G ratio of -4.51 and a beta of 1.14. Fevertree Drinks has a 12-month low of GBX 711 and a 12-month high of GBX 973.

Fevertree Drinks (LON:FEVR) last released its quarterly earnings results on Thursday, September 10th. The company reported GBX 9.50 EPS for the quarter. Fevertree Drinks had a return on equity of 11.88% and a net margin of 7.29%. On average, equities research analysts anticipate 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.