Fevertree Drinks (LON:FEVR) PT Lowered to GBX 1,325

Fevertree Drinks (LON:FEVR) had its target price decreased by Deutsche Bank Aktiengesellschaft from GBX 1,450 ($18.96) to GBX 1,325 ($17.33) in a research note issued to investors on Friday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 70.86% from the stock’s current price.

FEVR has been the topic of several other research reports. Jefferies Financial Group cut their price objective on shares of Fevertree Drinks from GBX 1,150 ($15.04) to GBX 1,000 ($13.08) and set a “hold” rating on the stock in a research report on Monday, July 29th. JPMorgan Chase & Co. cut their target price on shares of Fevertree Drinks from GBX 2,720 ($35.57) to GBX 2,650 ($34.65) and set a “neutral” rating for the company in a research note on Thursday, July 18th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 1,511 ($19.76).

Fevertree Drinks Trading Up 1.2 %

LON FEVR traded up GBX 9 ($0.12) on Friday, hitting GBX 775.50 ($10.14). 249,075 shares of the stock were exchanged, compared to its average volume of 276,315. The company has a market capitalization of £905.32 million, a price-to-earnings ratio of 4,081.58, a P/E/G ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a 52-week low of GBX 756.50 ($9.89) and a 52-week high of GBX 1,300 ($17.00). The company has a debt-to-equity ratio of 6.39, a current ratio of 3.71 and a quick ratio of 3.21. The company’s 50-day moving average price is GBX 915.72 and its two-hundred day moving average price is GBX 1,045.56.

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.