Liberum Capital Reiterates “Buy” Rating for Fevertree Drinks (LON:FEVR)
Fevertree Drinks (LON:FEVR)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a report released on Tuesday, ThisIsMoney.Co.Uk reports.
FEVR has been the topic of a number of other reports. Royal Bank of Canada reissued a “sector performer” rating on shares of Fevertree Drinks in a research report on Tuesday, January 21st. Berenberg Bank reduced their price objective on shares of Fevertree Drinks from GBX 3,250 ($42.75) to GBX 2,900 ($38.15) and set a “buy” rating on the stock in a research report on Tuesday, November 26th. HSBC raised shares of Fevertree Drinks to a “buy” rating in a research report on Friday, March 20th. Jefferies Financial Group reduced their price objective on shares of Fevertree Drinks from GBX 2,300 ($30.26) to GBX 1,500 ($19.73) and set a “hold” rating on the stock in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Fevertree Drinks from GBX 1,500 ($19.73) to GBX 1,050 ($13.81) and set a “neutral” rating on the stock in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 2,277.08 ($29.95).
Fevertree Drinks stock opened at GBX 1,158.50 ($15.24) on Tuesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 5.17 and a quick ratio of 4.35. Fevertree Drinks has a 1-year low of GBX 888.40 ($11.69) and a 1-year high of GBX 3,290 ($43.28). The firm has a market capitalization of $1.43 billion and a P/E ratio of 21.14. The company’s 50-day moving average is GBX 1,255.19 and its 200 day moving average is GBX 1,848.71.
Fevertree Drinks Company Profile
Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. The company's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, aromatic tonic water, Clementine tonic water, lemon tonic water, ginger beer, ginger ale, Madagascan cola, Sicilian lemonade, lemonade, and spring soda water.
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