Fevertree Drinks (LON:FEVR) Given New GBX 900 Price Target at Deutsche Bank Aktiengesellschaft

Fevertree Drinks (LON:FEVR) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 840 to GBX 900 in a research report report published on Wednesday morning, Marketbeat reports. They currently have a hold rating on the stock.

Separately, JPMorgan Chase & Co. lifted their target price on Fevertree Drinks from GBX 850 to GBX 900 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 966.67.

Fevertree Drinks Trading Down 0.6%

Shares of LON:FEVR opened at GBX 784 on Wednesday. The stock has a market capitalization of £905.64 million, a price-to-earnings ratio of 37.02, a PEG ratio of -4.51 and a beta of 1.09. Fevertree Drinks has a 1-year low of GBX 691 and a 1-year high of GBX 1,020. The company has a debt-to-equity ratio of 1.70, a quick ratio of 3.21 and a current ratio of 3.57. The company has a 50 day moving average price of GBX 887.69 and a 200 day moving average price of GBX 851.90.

Fevertree Drinks (LON:FEVR) last posted its quarterly earnings results on Tuesday, March 24th. The company reported GBX 18.78 earnings per share (EPS) for the quarter. Fevertree Drinks had a return on equity of 9.32% and a net margin of 6.95%. On average, research analysts anticipate that Fevertree Drinks will post 38.3184173 EPS for the current fiscal 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.