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

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

Separately, Jefferies Financial Group upped their target price on shares of Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One research 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 price target of GBX 920.

Fevertree Drinks Stock Up 3.8%

Shares of FEVR opened at GBX 808.47 on Monday. The firm has a market capitalization of £901.48 million, a P/E 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. 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 firm has a fifty day moving average price of GBX 830.05 and a 200-day moving average price of GBX 820.84.

Fevertree Drinks (LON:FEVR) last posted its quarterly earnings results on Thursday, September 10th. The company reported GBX 9.50 EPS for the quarter. Fevertree Drinks had a net margin of 7.29% and a return on equity of 11.88%. Equities research analysts expect that Fevertree Drinks will post 38.3184173 earnings per share for the current 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.