Fevertree Drinks’ (FEVR) “Hold” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their hold rating on shares of Fevertree Drinks (LON:FEVR) in a research note published on Monday morning,Digital Look reports. The firm currently has a GBX 780 price target on the stock.

Separately, Jefferies Financial Group lifted their price target on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 920.

Fevertree Drinks Stock Performance

FEVR opened at GBX 838 on Monday. The company has a quick ratio of 3.21, a current ratio of 3.16 and a debt-to-equity ratio of 1.89. The firm has a market cap of £934.41 million, a PE ratio of 45.01, a P/E/G ratio of -4.51 and a beta of 1.14. The business has a fifty day simple moving average of GBX 832.77 and a 200-day simple moving average of GBX 818.03. Fevertree Drinks has a fifty-two week low of GBX 711 and a fifty-two week high of GBX 973.

Fevertree Drinks (LON:FEVR) last announced its earnings results on Thursday, September 10th. The company reported GBX 9.50 earnings per share (EPS) for the quarter. Fevertree Drinks had a return on equity of 11.88% and a net margin of 7.29%. As a group, equities analysts predict that Fevertree Drinks will post 38.3184173 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Domenico De Lorenzo bought 44,674 shares of the business’s stock in a transaction on Friday, September 11th. The shares were bought at an average cost of GBX 780 per share, with a total value of £348,457.20. Insiders own 13.09% of the company’s stock.

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.