Fevertree Drinks PLC (LON:FEVR – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 840.56 and traded as low as GBX 783. Fevertree Drinks shares last traded at GBX 796, with a volume of 266,671 shares changing hands.
Analyst Ratings Changes
A number of equities analysts recently weighed in on FEVR shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,100 price objective on shares of Fevertree Drinks in a research report on Thursday, March 26th. Deutsche Bank Aktiengesellschaft raised their target price on Fevertree Drinks from GBX 840 to GBX 900 and gave the company a “hold” rating in a report on Wednesday, March 25th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 920 target price on shares of Fevertree Drinks in a report on Thursday, March 26th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Fevertree Drinks currently has an average rating of “Hold” and a consensus target price of GBX 955.
Get Our Latest Stock Analysis on FEVR
Fevertree Drinks Trading Down 1.6%
Fevertree Drinks (LON:FEVR – Get Free Report) last announced its quarterly earnings results 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%. Analysts forecast that Fevertree Drinks PLC will post 38.3184173 EPS for the current year.
Fevertree Drinks Company Profile
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.
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