Fevertree Drinks (LON:FEVR) Earns “Hold” Rating from Berenberg Bank

Fevertree Drinks (LON:FEVR)‘s stock had its “hold” rating restated by investment analysts at Berenberg Bank in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 780 target price on the stock. Berenberg Bank’s target price would suggest a potential downside of 6.46% from the stock’s current price.

FEVR has been the topic of a number of other reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,080 price objective on shares of Fevertree Drinks in a research note on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Fevertree Drinks from GBX 840 to GBX 900 and gave the company a “hold” rating in a research note on Wednesday, March 25th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 915.

Fevertree Drinks Price Performance

Shares of FEVR opened at GBX 833.88 on Tuesday. Fevertree Drinks has a 1 year low of GBX 711 and a 1 year high of GBX 1,020. The company has a debt-to-equity ratio of 1.70, a current ratio of 3.57 and a quick ratio of 3.21. The company has a market capitalization of £950.13 million, a price-to-earnings ratio of 44.78, a price-to-earnings-growth ratio of -4.51 and a beta of 1.12. The business has a 50-day moving average of GBX 801.44 and a 200-day moving average of GBX 834.69.

Fevertree Drinks (LON:FEVR) last announced 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, equities research analysts anticipate 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.