Shares of Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Rating) have received a consensus recommendation of "Hold" from the fourteen brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $1,261.25.
A number of analysts recently weighed in on FQVTF shares. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Fevertree Drinks from GBX 780 ($9.39) to GBX 640 ($7.71) in a report on Tuesday, January 31st. Liberum Capital cut Fevertree Drinks from a "buy" rating to a "hold" rating in a research note on Thursday, January 26th. Berenberg Bank lifted their price objective on shares of Fevertree Drinks from GBX 1,000 ($12.04) to GBX 1,150 ($13.85) in a research note on Thursday, January 19th. Finally, JPMorgan Chase & Co. increased their target price on shares of Fevertree Drinks from GBX 1,100 ($13.25) to GBX 1,200 ($14.45) in a research report on Thursday, December 1st.
Get Fevertree Drinks alerts:Fevertree Drinks Stock Performance
OTCMKTS:FQVTF opened at $12.85 on Friday. Fevertree Drinks has a 12-month low of $8.81 and a 12-month high of $25.56. The business has a 50 day simple moving average of $13.03 and a 200 day simple moving average of $12.05.
Fevertree Drinks Company Profile
(Get Rating)
Fevertree Drinks Plc operates as a holding and investment company. It manufactures and supplies premium carbonated mixes. The firm's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, aromatic 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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