Fevertree Drinks (LON:FEVR) Earns “Buy” Rating from Jefferies Financial Group

Fevertree Drinks (LON:FEVR)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a report issued on Tuesday,Digital Look reports. They presently have a GBX 1,080 price objective on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 33.75% from the company’s previous close.

Several other equities research analysts have also commented on FEVR. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Fevertree Drinks from GBX 840 to GBX 900 and gave the stock a “hold” rating in a research report on Wednesday, March 25th. Berenberg Bank reiterated a “hold” rating and issued a GBX 920 price target on shares of Fevertree Drinks in a report on Thursday, March 26th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Fevertree Drinks currently has a consensus rating of “Hold” and a consensus target price of GBX 950.

Fevertree Drinks Stock Performance

Shares of FEVR opened at GBX 807.50 on Tuesday. The stock has a market capitalization of £920.07 million, a P/E ratio of 43.37, a P/E/G ratio of -4.51 and a beta of 1.13. 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 has a 1 year low of GBX 711 and a 1 year high of GBX 1,020. The company’s fifty day moving average is GBX 795.76 and its two-hundred day moving average is GBX 833.24.

Fevertree Drinks (LON:FEVR) last released its earnings results on Tuesday, March 24th. The company reported GBX 18.78 earnings per share (EPS) for the quarter. Fevertree Drinks had a return on equity of 9.32% and a net margin of 6.95%. On average, sell-side analysts predict that Fevertree Drinks will post 38.3184173 earnings per share for the current year.

About Fevertree Drinks

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.