Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Rating) has received an average rating of "Hold" from the fifteen analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $1,319.29.
FQVTF has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their target price on Fevertree Drinks from GBX 900 ($10.86) to GBX 935 ($11.28) in a research report on Monday, September 12th. Royal Bank of Canada boosted their price objective on Fevertree Drinks from GBX 700 ($8.45) to GBX 800 ($9.65) in a research report on Wednesday, September 14th. Berenberg Bank downgraded Fevertree Drinks from a "buy" rating to a "hold" rating in a research report on Friday, September 16th. Finally, JPMorgan Chase & Co. boosted their price objective on Fevertree Drinks from GBX 1,100 ($13.28) to GBX 1,200 ($14.48) in a research report on Thursday, December 1st.
Get Fevertree Drinks alerts:Fevertree Drinks Price Performance
OTCMKTS FQVTF opened at $12.81 on Friday. The stock has a 50-day moving average of $12.64 and a two-hundred day moving average of $12.53. Fevertree Drinks has a 1-year low of $8.81 and a 1-year high of $37.36.
About Fevertree Drinks
(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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