Shares of Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Rating) have been given an average rating of "Hold" by the sixteen analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $1,305.00.
Several research analysts have issued reports on FQVTF shares. UBS Group dropped their price objective on Fevertree Drinks from GBX 2,660 ($32.14) to GBX 1,360 ($16.43) in a research note on Thursday, July 21st. Redburn Partners raised Fevertree Drinks from a "sell" rating to a "neutral" rating in a research report on Tuesday, July 5th. Berenberg Bank lowered Fevertree Drinks from a "buy" rating to a "hold" rating in a research report on Friday, September 16th. Barclays lowered Fevertree Drinks from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, July 19th. Finally, Morgan Stanley dropped their target price on Fevertree Drinks from GBX 1,600 ($19.33) to GBX 1,200 ($14.50) in a research report on Tuesday, August 16th.
Get Fevertree Drinks alerts:Fevertree Drinks Price Performance
FQVTF opened at $10.00 on Wednesday. Fevertree Drinks has a 1-year low of $9.95 and a 1-year high of $37.36. The business has a 50 day moving average of $11.83 and a 200-day moving average of $17.33.
Fevertree Drinks Company Profile
(Get Rating)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, Clementine tonic water, ginger beer, ginger ale, and cola distillers.
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