Fevertree Drinks PLC (OTCMKTS:FQVTF) Given Average Recommendation of “Hold” by Analysts

Shares of Fevertree Drinks PLC (OTCMKTS:FQVTFGet Rating) have been given an average rating of “Hold” by the thirteen ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $2,217.14.

A number of brokerages have recently commented on FQVTF. Barclays lowered their price target on Fevertree Drinks from GBX 3,200 ($39.45) to GBX 3,030 ($37.35) in a report on Thursday, March 17th. Exane BNP Paribas lowered Fevertree Drinks from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from GBX 3,000 ($36.98) to GBX 1,870 ($23.05) in a report on Monday, March 14th. Liberum Capital raised Fevertree Drinks from a “hold” rating to a “buy” rating in a report on Thursday, March 17th. Deutsche Bank Aktiengesellschaft lowered their target price on Fevertree Drinks from GBX 3,500 ($43.15) to GBX 3,350 ($41.30) in a report on Thursday, March 17th. Finally, BNP Paribas lowered Fevertree Drinks to a “hold” rating and set a $1,870.00 target price on the stock. in a report on Monday, March 14th.

Shares of FQVTF opened at $18.79 on Thursday. Fevertree Drinks has a one year low of $17.74 and a one year high of $38.63. The stock’s fifty day moving average is $22.23 and its 200-day moving average is $28.79.

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 (OTCMKTS:FQVTF)

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