Fevertree Drinks (LON:FEVR) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Fevertree Drinks (LON:FEVR) had its price target boosted by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 840 to GBX 900 in a report issued on Wednesday, MarketBeat reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 14.21% from the stock’s previous close.

Separately, JPMorgan Chase & Co. raised their price objective on Fevertree Drinks from GBX 850 to GBX 900 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Fevertree Drinks presently has a consensus rating of “Hold” and an average price target of GBX 955.

Fevertree Drinks Stock Performance

Shares of FEVR opened at GBX 788 on Wednesday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 3.21 and a current ratio of 3.57. The company has a market capitalization of £910.26 million, a price-to-earnings ratio of 37.20, a PEG ratio of -4.51 and a beta of 1.09. The company’s 50 day simple moving average is GBX 885.51 and its 200 day simple moving average is GBX 851.46. Fevertree Drinks has a 1 year low of GBX 691 and a 1 year high of GBX 1,020.

Fevertree Drinks (LON:FEVR) last released its earnings results on Tuesday, March 24th. The company reported GBX 18.78 EPS for the quarter. Fevertree Drinks had a net margin of 6.95% and a return on equity of 9.32%. On average, sell-side analysts predict that Fevertree Drinks will post 38.3184173 EPS for the current year.

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. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.