Fevertree Drinks (LON:FEVR) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Equities research analysts at Deutsche Bank Aktiengesellschaft assumed coverage on shares of Fevertree Drinks (LON:FEVR) in a research report issued to clients and investors on Tuesday, Digital Look reports. The brokerage set a “buy” rating and a GBX 1,600 ($20.10) price target on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 41.22% from the company’s previous close.

Separately, Royal Bank of Canada restated a “sector perform” rating and issued a GBX 1,200 ($15.07) target price on shares of Fevertree Drinks in a research note on Thursday, April 11th.

Fevertree Drinks Stock Performance

Fevertree Drinks stock traded up GBX 21 ($0.26) during trading hours on Tuesday, hitting GBX 1,133 ($14.23). 255,187 shares of the stock traded hands, compared to its average volume of 257,217. The firm’s 50 day moving average price is GBX 1,124.86 and its 200-day moving average price is GBX 1,068.02. The company has a debt-to-equity ratio of 6.39, a current ratio of 3.71 and a quick ratio of 3.21. The stock has a market capitalization of £1.32 billion, a price-to-earnings ratio of 8,715.38, a P/E/G ratio of -4.51 and a beta of 1.09. Fevertree Drinks has a 1 year low of GBX 947 ($11.90) and a 1 year high of GBX 1,489 ($18.70).

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. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.