Fevertree Drinks (LON:FEVR) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of Fevertree Drinks (LON:FEVR) in a report published on Tuesday morning, MarketBeat.com reports. The firm issued a buy rating and a GBX 1,600 ($20.10) price target on the stock.

Separately, Royal Bank of Canada restated a sector perform rating and issued a GBX 1,200 ($15.07) price target on shares of Fevertree Drinks in a report on Thursday, April 11th.

Fevertree Drinks Trading Down 4.3 %

FEVR opened at GBX 1,084 ($13.62) on Tuesday. The stock has a market capitalization of £1.26 billion, a P/E ratio of 8,715.38, a P/E/G ratio of -4.51 and a beta of 1.09. The company has a current ratio of 3.71, a quick ratio of 3.21 and a debt-to-equity ratio of 6.39. Fevertree Drinks has a 12 month low of GBX 947 ($11.90) and a 12 month high of GBX 1,489 ($18.70). The firm’s fifty day simple moving average is GBX 1,126.48 and its 200 day simple moving average is GBX 1,068.93.

Fevertree Drinks Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, May 16th will be issued a dividend of GBX 10.90 ($0.14) per share. This is a boost from Fevertree Drinks’s previous dividend of $5.74. The ex-dividend date of this dividend is Thursday, May 16th. This represents a yield of 1.01%. Fevertree Drinks’s dividend payout ratio is presently 13,076.92%.

Fevertree Drinks Company Profile

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. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.