Fevertree Drinks’ (FEVR) Hold Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their hold rating on shares of Fevertree Drinks (LON:FEVR) in a report released on Thursday morning, Marketbeat Ratings reports. They currently have a GBX 920 price objective on the stock.

FEVR has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft lifted their price target on Fevertree Drinks from GBX 840 to GBX 900 and gave the stock a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. upped their price objective on Fevertree Drinks from GBX 850 to GBX 900 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 955.

Fevertree Drinks Stock Performance

LON FEVR opened at GBX 784 on Thursday. Fevertree Drinks has a twelve month low of GBX 691 and a twelve month high of GBX 1,020. The company has a current ratio of 3.57, a quick ratio of 3.21 and a debt-to-equity ratio of 1.70. The company has a market capitalization of £905.64 million, a PE ratio of 37.02, a price-to-earnings-growth ratio of -4.51 and a beta of 1.09. The business’s 50-day moving average price is GBX 883.49 and its 200 day moving average price is GBX 851.95.

Fevertree Drinks (LON:FEVR) last released its quarterly earnings data 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, research analysts predict that Fevertree Drinks will post 38.3184173 earnings per share for the current 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.