Barclays Trims Fevertree Drinks (LON:FEVR) Goal Worth to GBX 3,200

Fevertree Drinks (LON:FEVR) had its value goal minimize by Barclays from GBX 3,350 ($45.20) to GBX 3,200 ($43.17) in a report issued on Friday morning, Worth Targets.com studies. They presently have an obese ranking on the inventory.

A number of different brokerages have additionally not too long ago issued studies on FEVR. JPMorgan Chase & Co. restated an underweight ranking on shares of Fevertree Drinks in a analysis report on Wednesday, January nineteenth. Citigroup restated a impartial ranking and set a GBX 2,300 ($31.03) goal value on shares of Fevertree Drinks in a analysis report on Wednesday, January twenty sixth. Berenberg Financial institution restated a purchase ranking and set a GBX 2,700 ($36.43) goal value on shares of Fevertree Drinks in a analysis report on Wednesday, January fifth. Lastly, Deutsche Financial institution Aktiengesellschaft upped their goal value on shares of Fevertree Drinks from GBX 3,300 ($44.52) to GBX 3,560 ($48.03) and gave the corporate a purchase ranking in a analysis report on Tuesday, January 18th. One funding analyst has rated the inventory with a promote ranking, six have given a maintain ranking and three have issued a purchase ranking to the inventory. Primarily based on information from MarketBeat.com, the inventory presently has a consensus ranking of Maintain and a consensus value goal of GBX 2,573.33 ($34.72).

Shares of FEVR inventory opened at GBX 2,080 ($28.06) on Friday. The inventory has a market cap of £2.42 billion and a P/E ratio of 54.45. Fevertree Drinks has a 52 week low of GBX 1,961 ($26.46) and a 52 week excessive of GBX 2,871 ($38.73). The corporate has a fast ratio of 4.14, a present ratio of 5.11 and a debt-to-equity ratio of 0.65. The corporate’s fifty day easy shifting common is GBX 2,623.17 and its two-hundred day easy shifting common is GBX 2,475.20.

In different information, insider Kevin Havelock acquired 805 shares of Fevertree Drinks inventory in a transaction that occurred on Monday, November eighth. The shares have been purchased at a mean price of GBX 2,482 ($33.49) per share, with a complete worth of £19,980.10 ($26,956.42).

Fevertree Drinks Firm Profile

Fevertree Drinks Plc, along with its subsidiaries, develops and provides premium mixer drinks in the UK, the US, Europe, and internationally. The corporate’s merchandise embody Indian tonic water, Mediterranean tonic water, elderflower tonic water, fragrant tonic water, Clementine tonic water, citrus tonic water lemon tonic water, ginger beer, ginger ale, smoky ginger ale, spiced orange 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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