Fevertree Drinks (LON:FEVR) Given “Buy” Rating at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Fevertree Drinks (LON:FEVR) in a research report sent to investors on Thursday morning, Marketbeat.com reports. Jefferies Financial Group currently has a GBX 1,100 price objective on the stock.

A number of other research firms also recently commented on FEVR. JPMorgan Chase & Co. increased their target price on shares of Fevertree Drinks from GBX 850 to GBX 900 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Berenberg Bank reissued a “hold” rating and issued a GBX 920 price target on shares of Fevertree Drinks in a research report on Thursday. Finally, 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 research note on Wednesday. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of GBX 955.

Fevertree Drinks Stock Performance

Shares of FEVR opened at GBX 788 on Thursday. The stock has a 50 day moving average price of GBX 885.51 and a 200 day moving average price of GBX 851.46. The company has a quick ratio of 3.21, a current ratio of 3.57 and a debt-to-equity ratio of 1.70. The company has a market capitalization of £910.26 million, a price-to-earnings ratio of 37.20, a price-to-earnings-growth ratio of -4.51 and a beta of 1.09. Fevertree Drinks has a 52-week low of GBX 691 and a 52-week high of GBX 1,020.

Fevertree Drinks (LON:FEVR) last announced its quarterly earnings results on Tuesday, March 24th. The company reported GBX 18.78 EPS for the quarter. Fevertree Drinks had a net margin of 6.95% and a return on equity of 9.32%. Research analysts predict 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.