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RBC Capital Markets announced Fevertree Drinks Plc (LON:FEVR), upholding its stock price target at 1,950.00GBX today

In a report released on 7/7/2017 RBC Capital Markets hold steady the stock price target of Fevertree Drinks Plc (LON:FEVR) from 1,950.00GBX to 1,950.00GBX reporting a possible upside of 0.15%.

Previously on 05/15/2017, Whitman Howard released a statement about Fevertree Drinks Plc (LON:FEVR) increased the target price from 1,250.00GBX to 1,700.00GBX. At the time, this indicated a possible downside of -0.01%.

Just yesterday Fevertree Drinks Plc (LON:FEVR) traded -1.13% lower at 1,696.00GBX. Fevertree Drinks Plc’s 50-day moving average is 1,902.66GBX and its 200-day moving average is 1,624.93GBX. The last stock price is up 40.62% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 269,455 shares of FEVR traded hands, down from an average trading volume of 955,500

Recent Performance Chart

Fevertree Drinks Plc (LON:FEVR)

Fevertree Drinks Plc has 52 week low of 914.25GBX and a 52 week high of 2,333.00GBX with a PE ratio of 70.74 and has a market capitalization of 0 GBX.

In addition to RBC Capital Markets reporting its stock price target, a total of 2 brokerages have issued a research note on the company. The average stock price target is 720.00GBX with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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