Fevertree Drinks PLC (FEVR) Receives Sector Performer Rating from Royal Bank Of Canada
Royal Bank Of Canada reaffirmed their sector performer rating on shares of Fevertree Drinks PLC (LON:FEVR) in a research note published on Thursday. The firm currently has a GBX 2,000 ($26.31) price target on the stock.
A number of other research analysts have also recently commented on the company. Berenberg Bank upped their price target on Fevertree Drinks PLC from GBX 1,850 ($24.33) to GBX 2,400 ($31.57) and gave the stock a buy rating in a research note on Friday, July 28th. Shore Capital restated a hold rating on shares of Fevertree Drinks PLC in a research note on Friday, July 28th. Finally, Whitman Howard restated a hold rating and set a GBX 1,700 ($22.36) price target on shares of Fevertree Drinks PLC in a research note on Thursday, July 20th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Fevertree Drinks PLC has an average rating of Hold and an average price target of GBX 2,043.75 ($26.88).
Shares of Fevertree Drinks PLC (LON:FEVR) traded down GBX 65 ($0.85) during trading on Thursday, reaching GBX 1,986 ($26.12). The company had a trading volume of 753,577 shares, compared to its average volume of 775,095. Fevertree Drinks PLC has a 52 week low of GBX 1,002 ($13.18) and a 52 week high of GBX 2,506 ($32.96).
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About Fevertree Drinks PLC
Fevertree Drinks plc is a United Kingdom-based holding and investment company. The Company is a developer and supplier of premium mixer drinks. The Company’s premium mixers consist of a range of all natural carbonated mixers, including Tonics, Ginger Ale, Ginger Beer, Bitter Lemon and Lemonades. The Company sells a range of products under the Fever-Tree brand, which include Indian Tonic Water, Naturally Light Tonic Water, Elderflower Tonic Water, Mediterranean Tonic Water, Ginger Ale, Ginger Beer, Naturally Light Ginger Beer, Bitter Lemon, Sicilian Lemonade, Lemonade, Spring Soda Water and Premium Cola.
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