Fevertree Drinks (LON:FEVR) Sets New 1-Year Low at $1,344.00

Shares of Fevertree Drinks PLC (LON:FEVRGet Rating) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 1,344 ($16.46) and last traded at GBX 1,351 ($16.55), with a volume of 106183 shares trading hands. The stock had previously closed at GBX 1,380 ($16.90).

Several equities analysts have recently issued reports on FEVR shares. Peel Hunt reissued a “hold” rating and issued a GBX 1,900 ($23.27) price objective on shares of Fevertree Drinks in a report on Tuesday, April 12th. JPMorgan Chase & Co. raised Fevertree Drinks to a “neutral” rating and reduced their price target for the stock from GBX 2,000 ($24.50) to GBX 1,650 ($20.21) in a report on Friday, March 11th. Berenberg Bank reduced their price target on Fevertree Drinks from GBX 2,250 ($27.56) to GBX 2,000 ($24.50) and set a “buy” rating for the company in a report on Monday, May 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 3,060 ($37.48) price target on shares of Fevertree Drinks in a report on Friday, May 20th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a GBX 1,600 ($19.60) price target on shares of Fevertree Drinks in a report on Wednesday, June 1st. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 2,192.50 ($26.86).

The company has a quick ratio of 4.58, a current ratio of 5.43 and a debt-to-equity ratio of 1.03. The business has a 50-day moving average price of GBX 1,600.55 and a 200-day moving average price of GBX 1,984.78. The firm has a market capitalization of £1.58 billion and a PE ratio of 36.13.

In other Fevertree Drinks news, insider Laura Kate Hagan acquired 634 shares of the stock in a transaction that occurred on Monday, May 30th. The stock was bought at an average cost of GBX 1,575 ($19.29) per share, for a total transaction of £9,985.50 ($12,231.14).

About Fevertree Drinks (LON:FEVR)

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.

See Also

Receive News & Ratings for Fevertree Drinks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fevertree Drinks and related companies with MarketBeat.com's FREE daily email newsletter.