Fevertree Drinks (LON:FEVR) Stock Price Target Lowered at Deutsche Bank Aktiengesellschaft

Fevertree Drinks (LON:FEVR) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 900 to GBX 870 in a report released on Tuesday,Digital Look reports. They currently have a hold rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Berenberg Bank restated a “hold” rating and issued a GBX 780 price objective on shares of Fevertree Drinks in a research note on Monday, September 14th. Jefferies Financial Group upped their target price on shares of Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the company a “buy” rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Fevertree Drinks currently has an average rating of “Hold” and a consensus price target of GBX 912.50.

Fevertree Drinks Price Performance

Shares of LON:FEVR opened at GBX 827.64 on Tuesday. The company has a market cap of £922.86 million, a price-to-earnings ratio of 38.97, a PEG ratio of -4.51 and a beta of 1.14. The business has a 50 day moving average price of GBX 841.51 and a 200 day moving average price of GBX 815.58. The company has a quick ratio of 3.21, a current ratio of 3.16 and a debt-to-equity ratio of 1.89. Fevertree Drinks has a twelve month low of GBX 711 and a twelve month high of GBX 973.

Fevertree Drinks (LON:FEVR) last issued 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%. Research analysts predict that Fevertree Drinks will post 38.3184173 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Domenico De Lorenzo purchased 44,674 shares of the business’s stock in a transaction on Friday, September 11th. The stock was purchased at an average price of GBX 780 per share, with a total value of £348,457.20. 13.09% of the stock is currently owned by company insiders.

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.