Berenberg Bank Reaffirms “Hold” Rating for Fevertree Drinks (LON:FEVR)

Fevertree Drinks (LON:FEVR)‘s stock had its “hold” rating reiterated by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. They currently have a GBX 920 target price on the stock. Berenberg Bank’s target price suggests a potential upside of 17.35% from the stock’s previous close.

A number of other analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Fevertree Drinks from GBX 840 to GBX 900 and gave the stock a “hold” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price target on Fevertree Drinks from GBX 850 to GBX 900 and gave the company a “neutral” rating in a report on Wednesday, November 26th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 955.

Fevertree Drinks Trading Down 0.5%

LON:FEVR opened at GBX 784 on Thursday. The firm has a market capitalization of £905.64 million, a P/E ratio of 37.02, a P/E/G ratio of -4.51 and a beta of 1.09. The company has a quick ratio of 3.21, a current ratio of 3.57 and a debt-to-equity ratio of 1.70. The company has a fifty day moving average of GBX 883.49 and a 200 day moving average of GBX 851.45. Fevertree Drinks has a 52 week low of GBX 691 and a 52 week high of GBX 1,020.

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