Berenberg Bank restated their buy rating on shares of Fevertree Drinks PLC (LON:FEVR) in a research report sent to investors on Monday morning. The firm currently has a GBX 2,400 ($31.57) target price on the stock.
Several other equities analysts have also commented on the stock. Royal Bank Of Canada lowered shares of Fevertree Drinks PLC to a sector performer rating and decreased their price objective for the company from GBX 2,400 ($31.57) to GBX 2,000 ($26.31) in a research report on Thursday, November 2nd. Shore Capital reaffirmed a hold rating on shares of Fevertree Drinks PLC in a research report on Friday, July 28th. Finally, Whitman Howard increased their price objective on shares of Fevertree Drinks PLC from GBX 1,700 ($22.36) to GBX 2,100 ($27.62) and gave the company a hold rating in a research report on Friday, July 28th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 2,043.75 ($26.88).
Fevertree Drinks PLC (FEVR) opened at GBX 1,957 ($25.74) on Monday. Fevertree Drinks PLC has a 1-year low of GBX 19.27 ($0.25) and a 1-year high of GBX 2,506 ($32.96).
Fevertree Drinks plc is a United Kingdom-based holding and investment company. The Company is a developer and supplier of premium mixer drinks. The Company’s premium mixers consist of a range of all natural carbonated mixers, including Tonics, Ginger Ale, Ginger Beer, Bitter Lemon and Lemonades. The Company sells a range of products under the Fever-Tree brand, which include Indian Tonic Water, Naturally Light Tonic Water, Elderflower Tonic Water, Mediterranean Tonic Water, Ginger Ale, Ginger Beer, Naturally Light Ginger Beer, Bitter Lemon, Sicilian Lemonade, Lemonade, Spring Soda Water and Premium Cola.
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