Fevertree Drinks’ (FEVR) “Buy” Rating Reiterated at Numis Securities

Fevertree Drinks (LON:FEVR – Get Rating)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities in a report issued on Thursday, MarketBeat Ratings reports. They presently have a GBX 1,500 ($18.66) price target on the stock. Numis Securities’ price objective suggests a potential upside of 3.81% from the company’s current price.

A number of other analysts have also commented on the stock. Royal Bank of Canada boosted their price target on shares of Fevertree Drinks from GBX 1,000 ($12.44) to GBX 1,500 ($18.66) and gave the company a “hold” rating in a research note on Thursday. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,000 ($12.44) price objective on shares of Fevertree Drinks in a report on Wednesday, March 22nd. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 1,200 ($14.93) price target on shares of Fevertree Drinks in a report on Friday, March 24th. Finally, Barclays reissued an “equal weight” rating and issued a GBX 1,040 ($12.94) price target on shares of Fevertree Drinks in a report on Monday, February 6th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Fevertree Drinks has a consensus rating of “Hold” and a consensus target price of GBX 1,159.38 ($14.42).

Fevertree Drinks Stock Up 1.5 %

Shares of LON FEVR opened at GBX 1,445 ($17.97) on Thursday. The company has a market capitalization of £1.68 billion, a P/E ratio of 6,806.74, a price-to-earnings-growth ratio of -4.51 and a beta of 1.20. Fevertree Drinks has a 52-week low of GBX 804.50 ($10.01) and a 52-week high of GBX 1,654 ($20.57). The company has a debt-to-equity ratio of 7.07, a quick ratio of 3.21 and a current ratio of 4.00. The company’s 50 day moving average price is GBX 1,324.39 and its 200-day moving average price is GBX 1,166.36.

Fevertree Drinks Company Profile

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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, Clementine tonic water, ginger beer, ginger ale, and cola distillers.