Shares of Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Rating) have been assigned a consensus recommendation of "Hold" from the twelve ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $994.29.
A number of analysts have recently issued reports on the company. Royal Bank of Canada dropped their price target on Fevertree Drinks from GBX 800 ($9.94) to GBX 100 ($1.24) in a research report on Monday, April 3rd. Berenberg Bank boosted their price objective on Fevertree Drinks from GBX 1,000 ($12.42) to GBX 1,150 ($14.28) in a research report on Thursday, January 19th. Barclays raised their target price on shares of Fevertree Drinks from GBX 990 ($12.30) to GBX 1,310 ($16.27) in a report on Friday, March 24th. Liberum Capital lowered shares of Fevertree Drinks from a "buy" rating to a "hold" rating in a report on Thursday, January 26th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Fevertree Drinks from GBX 780 ($9.69) to GBX 640 ($7.95) in a report on Tuesday, January 31st.
Get Fevertree Drinks alerts:Fevertree Drinks Trading Down 3.6 %
Shares of FQVTF opened at $15.42 on Friday. Fevertree Drinks has a twelve month low of $8.81 and a twelve month high of $23.35. The business's 50-day moving average price is $13.49 and its 200-day moving average price is $12.58.
About Fevertree Drinks
(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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