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

Fevertree Drinks (LON:FEVR)‘s stock had its “hold” rating reissued by analysts at Berenberg Bank in a report issued on Thursday, Marketbeat reports. They currently have a GBX 920 target price on the stock. Berenberg Bank’s target price points to a potential upside of 20.10% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft upped their price objective on Fevertree Drinks from GBX 840 to GBX 900 and gave the stock a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Fevertree Drinks from GBX 850 to GBX 900 and gave the company a “neutral” rating in a report on Wednesday, November 26th. 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 presently has a consensus rating of “Hold” and a consensus target price of GBX 955.

Fevertree Drinks Stock Performance

Shares of FEVR stock opened at GBX 766 on Thursday. Fevertree Drinks has a 52-week low of GBX 691 and a 52-week high of GBX 1,020. The company has a quick ratio of 3.21, a current ratio of 3.57 and a debt-to-equity ratio of 1.70. The stock has a market cap of £884.84 million, a PE ratio of 36.17, a price-to-earnings-growth ratio of -4.51 and a beta of 1.09. The business has a 50-day simple moving average of GBX 887.69 and a 200-day simple moving average of GBX 851.90.

Fevertree Drinks (LON:FEVR) last posted its earnings results on Tuesday, March 24th. The company reported GBX 18.78 EPS for the quarter. Fevertree Drinks had a return on equity of 9.32% and a net margin of 6.95%. On average, equities analysts expect that Fevertree Drinks will post 38.3184173 EPS 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.