Jefferies Financial Group Reiterates Buy Rating for Fevertree Drinks (LON:FEVR)

Fevertree Drinks (LON:FEVR)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a report issued on Thursday, MarketBeat reports. They currently have a GBX 1,100 price objective on the stock. Jefferies Financial Group’s price target indicates a potential upside of 40.31% from the stock’s previous close.

Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. upped 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. Deutsche Bank Aktiengesellschaft lifted their price objective on Fevertree Drinks from GBX 840 to GBX 900 and gave the stock a “hold” rating in a report on Wednesday. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 920 target price on shares of Fevertree Drinks in a research report on Thursday. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Fevertree Drinks currently has a consensus rating of “Hold” and a consensus target price of GBX 955.

Fevertree Drinks Price Performance

Shares of LON FEVR opened at GBX 784 on Thursday. The firm has a market cap of £905.64 million, a P/E ratio of 37.02, a PEG ratio of -4.51 and a beta of 1.09. Fevertree Drinks has a twelve month low of GBX 691 and a twelve month high of GBX 1,020. 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 50 day moving average of GBX 883.49 and a 200 day moving average of GBX 851.45.

Fevertree Drinks (LON:FEVR) last issued its earnings results on Tuesday, March 24th. The company reported GBX 18.78 EPS for the quarter. Fevertree Drinks had a return on equity of 9.32% and a net margin of 6.95%. As a group, research analysts expect that Fevertree Drinks will post 38.3184173 EPS for the current fiscal year.

About Fevertree Drinks

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.