Fevertree Drinks Plc (LON:FEVR) target maintained at 1,325.00GBX, released a ratings update earlier today by Berenberg
- Updated: February 12, 2017
Yesterday Fevertree Drinks Plc (LON:FEVR) traded 0.31% higher at 1,315.00GBX. The company’s 50-day moving average is 1,178.08GBX and its 200-day moving average is 1,042.13GBX. The last closing price is up 25.53% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 550,031 shares of the stock were exchanged, up from an average trading volume of 410,408
Berenberg hold steady the price target of Fevertree Drinks Plc (LON:FEVR) at 1,325.00GBX indicating a possible upside of 0.01%.
Previously on Thursday January 26, 2017, Whitman Howard reported on Fevertree Drinks Plc (LON:FEVR) raised the target price from 1,080.00GBX to 1,250.00GBX. At the time, this indicated a possible upside of 0%.
See Chart Below
Fevertree Drinks Plc has a 52 week low of 523.00GBX and a 52 week high of 1,345.25GBX with a PE ratio of 86.06 The company’s market cap is currently 0 GBX.
Also covering Fevertree Drinks Plc's price target, a total of 2 equity analysts have released a research note on FEVR. The one year target is 720.00GBX with 1 brokerage rating the stock a strong buy, 0 analysts rating the company a buy, two analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the company a sell.
Brief Synopsis About Fevertree Drinks Plc (LON:FEVR)
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. The Company caters to hotels, restaurants, bars and cafes, as well as supermarkets. The Company sells its products to a range of markets, such as the United Kingdom, Europe and North America.
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