Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Fevertree Drinks (LON:FEVR) Stock Price

Fevertree Drinks (LON:FEVR) had its target price increased by Deutsche Bank Aktiengesellschaft from GBX 840 to GBX 900 in a note issued to investors on Wednesday, MarketBeat.com reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 11.80% from the stock’s current price.

Separately, JPMorgan Chase & Co. boosted their target price on shares of Fevertree Drinks from GBX 850 to GBX 900 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 966.67.

Fevertree Drinks Trading Down 0.2%

Shares of FEVR opened at GBX 805 on Wednesday. The company has a current ratio of 4.44, a quick ratio of 3.21 and a debt-to-equity ratio of 2.44. The stock has a market cap of £929.90 million, a PE ratio of 38.01, a PEG ratio of -4.51 and a beta of 1.09. Fevertree Drinks has a 1 year low of GBX 691 and a 1 year high of GBX 1,020. The stock has a 50 day simple moving average of GBX 889.73 and a 200-day simple moving average of GBX 852.38.

Fevertree Drinks (LON:FEVR) last announced its quarterly earnings results on Tuesday, March 24th. The company reported GBX 18.78 EPS for the quarter. Fevertree Drinks had a return on equity of 9.91% and a net margin of 7.41%. On average, sell-side analysts predict that Fevertree Drinks will post 38.3184173 EPS for the current fiscal 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.