Fevertree Drinks PLC (LON:FEVR) Receives Average Recommendation of “Hold” from Brokerages

Shares of Fevertree Drinks PLC (LON:FEVRGet Rating) have received a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,264.44 ($27.92).

Several equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Fevertree Drinks from GBX 3,500 ($43.15) to GBX 3,350 ($41.30) and set a “buy” rating for the company in a research report on Wednesday, March 16th. Royal Bank of Canada restated a “sector perform” rating and issued a GBX 1,600 ($19.73) target price on shares of Fevertree Drinks in a research note on Wednesday, May 4th. Citigroup restated a “neutral” rating and issued a GBX 2,300 ($28.36) target price on shares of Fevertree Drinks in a research note on Wednesday, January 26th. Peel Hunt restated a “hold” rating and issued a GBX 1,900 ($23.42) target price on shares of Fevertree Drinks in a research note on Tuesday, April 12th. Finally, Morgan Stanley restated an “equal weight” rating and issued a GBX 2,000 ($24.66) target price on shares of Fevertree Drinks in a research note on Sunday, April 24th.

Shares of Fevertree Drinks stock opened at GBX 1,509 ($18.60) on Friday. Fevertree Drinks has a 1 year low of GBX 1,451 ($17.89) and a 1 year high of GBX 2,871 ($35.40). The firm has a market cap of £1.76 billion and a PE ratio of 39.50. The stock has a fifty day moving average price of GBX 1,732.36 and a 200-day moving average price of GBX 2,198.33. The company has a debt-to-equity ratio of 1.03, a current ratio of 5.43 and a quick ratio of 4.58.

The firm also recently declared a dividend, which will be paid on Friday, May 27th. Stockholders of record on Thursday, April 7th will be given a dividend of GBX 53.37 ($0.66) per share. This represents a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, April 7th. This is an increase from Fevertree Drinks’s previous dividend of $5.52. Fevertree Drinks’s dividend payout ratio (DPR) is 0.41%.

Fevertree Drinks Company Profile (Get Rating)

Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. The company's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, Clementine tonic water, ginger beer, ginger ale, and cola distillers.

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Analyst Recommendations for Fevertree Drinks (LON:FEVR)

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