Fevertree Drinks (LON:FEVR) Receives “Hold” Rating from Berenberg Bank

Berenberg Bank reissued their hold rating on shares of Fevertree Drinks (LON:FEVR) in a report published on Thursday morning, MarketBeat Ratings reports. The firm currently has a GBX 920 price objective on the stock.

Several other research analysts have also commented on the company. JPMorgan Chase & Co. lifted their price target on Fevertree Drinks from GBX 850 to GBX 900 and gave the stock a “neutral” rating in a report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Fevertree Drinks from GBX 840 to GBX 900 and gave the company a “hold” rating in a report on Wednesday. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 955.

Fevertree Drinks Price Performance

LON:FEVR opened at GBX 788 on Thursday. Fevertree Drinks has a one year low of GBX 691 and a one year high of GBX 1,020. The stock has a market cap of £910.26 million, a PE ratio of 37.20, a P/E/G ratio of -4.51 and a beta of 1.09. 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 stock has a 50 day moving average price of GBX 885.51 and a 200 day moving average price of GBX 851.46.

Fevertree Drinks (LON:FEVR) last released its quarterly earnings data on Tuesday, March 24th. The company reported GBX 18.78 earnings per share for the quarter. Fevertree Drinks had a return on equity of 9.32% and a net margin of 6.95%. Equities research analysts expect 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.