Fevertree Drinks (LON:FEVR)‘s stock had its “buy” rating restated by equities researchers at Investec in a report released on Tuesday, December 5th. They currently have a GBX 2,330 ($31.36) target price on the stock. Investec’s price target would suggest a potential upside of 8.20% from the company’s current price.
FEVR has been the topic of several other research reports. Shore Capital reissued a “hold” rating on shares of Fevertree Drinks in a report on Tuesday, November 7th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,400 ($32.30) target price on shares of Fevertree Drinks in a report on Monday, November 20th. Finally, Royal Bank of Canada lowered Fevertree Drinks to a “sector performer” rating and lowered their target price for the company from GBX 2,400 ($32.30) to GBX 2,000 ($26.92) in a report on Thursday, November 2nd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 2,207.50 ($29.71).
Shares of Fevertree Drinks (FEVR) opened at GBX 2,171 ($29.22) on Tuesday. Fevertree Drinks has a 1 year low of GBX 1,092 ($14.70) and a 1 year high of GBX 2,506 ($33.73).
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Fevertree Drinks Company Profile
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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