Fevertree Drinks (OTCMKTS:FQVTF) PT Raised to 2,300.00 at Morgan Stanley

Fevertree Drinks (OTCMKTS:FQVTF) had its price target raised by Morgan Stanley from 2,200.00 to 2,300.00 in a research note published on Wednesday, The Fly reports.

Several other brokerages have also weighed in on FQVTF. Peel Hunt assumed coverage on Fevertree Drinks in a report on Friday, December 3rd. They issued a hold rating for the company. Deutsche Bank Aktiengesellschaft raised Fevertree Drinks from a hold rating to a buy rating in a report on Monday, November 1st. JPMorgan Chase & Co. reissued an underweight rating on shares of Fevertree Drinks in a report on Tuesday, November 30th. Barclays lifted their target price on Fevertree Drinks from 2,400.00 to 3,350.00 and gave the company an overweight rating in a report on Tuesday, December 14th. Finally, HSBC lowered Fevertree Drinks from a buy rating to a hold rating in a report on Tuesday, October 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Fevertree Drinks has a consensus rating of Hold and a consensus price target of $2,825.00.

Shares of FQVTF opened at $34.14 on Wednesday. The business has a 50-day moving average of $35.38 and a 200 day moving average of $33.75. Fevertree Drinks has a fifty-two week low of $29.50 and a fifty-two week high of $38.63.

Fevertree Drinks Company Profile

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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Analyst Recommendations for Fevertree Drinks (OTCMKTS:FQVTF)

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