Jefferies Financial Group Issues Positive Forecast for Fevertree Drinks (LON:FEVR) Stock Price

Fevertree Drinks (LON:FEVR) had its price objective raised by investment analysts at Jefferies Financial Group from GBX 1,080 to GBX 1,100 in a note issued to investors on Thursday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 27.13% from the company’s previous close.

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 780 price target on shares of Fevertree Drinks in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Fevertree Drinks has a consensus rating of “Hold” and a consensus target price of GBX 920.

Fevertree Drinks Trading Up 1.4%

Shares of FEVR stock opened at GBX 865.27 on Thursday. Fevertree Drinks has a fifty-two week low of GBX 711 and a fifty-two week high of GBX 980. The company has a 50 day moving average price of GBX 802.85 and a 200 day moving average price of GBX 834.28. The stock has a market capitalization of £978.72 million, a P/E ratio of 46.47, a price-to-earnings-growth ratio of -4.51 and a beta of 1.12. The company has a debt-to-equity ratio of 1.70, a quick ratio of 3.21 and a current ratio of 3.57.

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.