Fevertree Drinks (LON:FEVR) Earns Buy Rating from Liberum Capital

Liberum Capital reiterated their buy rating on shares of Fevertree Drinks (LON:FEVR) in a research note released on Friday, Stock Target Advisor reports.

Several other analysts also recently weighed in on the stock. Citigroup restated a neutral rating on shares of Fevertree Drinks in a research report on Monday, September 9th. Shore Capital restated a buy rating on shares of Fevertree Drinks in a report on Thursday, August 15th. HSBC dropped their target price on shares of Fevertree Drinks from GBX 3,400 ($44.43) to GBX 3,300 ($43.12) and set a buy rating on the stock in a research report on Thursday, November 21st. JPMorgan Chase & Co. cut their price target on shares of Fevertree Drinks from GBX 2,740 ($35.80) to GBX 2,400 ($31.36) and set an overweight rating on the stock in a research note on Monday, November 4th. Finally, Berenberg Bank cut their price target on shares of Fevertree Drinks from GBX 3,250 ($42.47) to GBX 2,900 ($37.89) and set a buy rating on the stock in a research note on Tuesday, November 26th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Fevertree Drinks presently has an average rating of Buy and an average price target of GBX 2,812.50 ($36.75).

Shares of Fevertree Drinks stock opened at GBX 2,131.72 ($27.85) on Friday. The company has a quick ratio of 4.35, a current ratio of 5.17 and a debt-to-equity ratio of 1.01. Fevertree Drinks has a 52 week low of GBX 1,697.02 ($22.17) and a 52 week high of GBX 3,290 ($42.99). The firm’s 50 day moving average is GBX 2,011.07 and its two-hundred day moving average is GBX 2,287.37. The firm has a market capitalization of $2.50 billion and a P/E ratio of 38.90.

Fevertree Drinks Company Profile

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, aromatic tonic water, Clementine tonic water, lemon tonic water, ginger beer, ginger ale, Madagascan cola, Sicilian lemonade, lemonade, and spring soda water.

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Analyst Recommendations for Fevertree Drinks (LON:FEVR)

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