Royal Bank of Canada restated their sector performer rating on shares of Fevertree Drinks PLC (LON:FEVR) in a report issued on Thursday. Royal Bank of Canada currently has a GBX 2,000 ($26.31) price target on the stock.
FEVR has been the topic of several other reports. Whitman Howard reaffirmed 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. Shore Capital reaffirmed a hold rating on shares of Fevertree Drinks PLC in a research note on Tuesday. Finally, Berenberg Bank raised their price target on shares of 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. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 2,043.75 ($26.88).
Fevertree Drinks PLC (LON FEVR) traded down GBX 9 ($0.12) during trading on Thursday, hitting GBX 2,051 ($26.98). 939,980 shares of the company’s stock traded hands, compared to its average volume of 775,095. Fevertree Drinks PLC has a one year low of GBX 1,002 ($13.18) and a one year 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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