Fevertree Drinks (LON:FEVR) Earns “Hold” Rating from Berenberg Bank

Fevertree Drinks (LON:FEVR)‘s stock had its “hold” rating reissued by Berenberg Bank in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 780 price target on the stock. Berenberg Bank’s price objective points to a potential downside of 6.46% from the stock’s previous close.

FEVR has been the topic of several other reports. Deutsche Bank Aktiengesellschaft raised their price objective on Fevertree Drinks from GBX 840 to GBX 900 and gave the company a “hold” rating in a research note on Wednesday, March 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,080 price objective on shares of Fevertree Drinks in a research note on Tuesday, June 9th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 915.

Fevertree Drinks Stock Down 0.2%

Shares of LON FEVR opened at GBX 833.88 on Tuesday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 3.21 and a current ratio of 3.57. Fevertree Drinks has a 52 week low of GBX 711 and a 52 week high of GBX 1,020. The stock has a market capitalization of £950.13 million, a P/E ratio of 44.78, a PEG ratio of -4.51 and a beta of 1.12. The stock’s fifty day moving average is GBX 801.44 and its 200 day moving average is GBX 834.69.

Fevertree Drinks (LON:FEVR) last issued 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 9.32% and a net margin of 6.95%. Sell-side analysts forecast that Fevertree Drinks will post 38.3184173 earnings per share for the current fiscal year.

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. 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.