Fevertree Drinks (LON:FEVR) Price Target Lowered to GBX 1,325 at Deutsche Bank Aktiengesellschaft

Fevertree Drinks (LON:FEVR) had its target price lowered by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 1,450 ($18.96) to GBX 1,325 ($17.33) in a report issued on Friday, Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 70.86% from the company’s current price.

A number of other equities research analysts also recently weighed in on FEVR. JPMorgan Chase & Co. reduced their price target on Fevertree Drinks from GBX 2,720 ($35.57) to GBX 2,650 ($34.65) and set a “neutral” rating for the company in a report on Thursday, July 18th. Jefferies Financial Group dropped their price target on Fevertree Drinks from GBX 1,150 ($15.04) to GBX 1,000 ($13.08) and set a “hold” rating for the company in a report on Monday, July 29th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Fevertree Drinks presently has an average rating of “Hold” and a consensus target price of GBX 1,511 ($19.76).

Fevertree Drinks Stock Up 1.2 %

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

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.