Shares of Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Rating) have been assigned a consensus recommendation of "Hold" from the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $994.29.
FQVTF has been the subject of a number of recent analyst reports. Liberum Capital lowered shares of Fevertree Drinks from a "buy" rating to a "hold" rating in a report on Thursday, January 26th. Royal Bank of Canada decreased their price objective on shares of Fevertree Drinks from GBX 800 ($10.00) to GBX 100 ($1.25) in a report on Monday, April 3rd. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Fevertree Drinks from GBX 780 ($9.75) to GBX 640 ($8.00) in a report on Tuesday, January 31st. Barclays boosted their price objective on shares of Fevertree Drinks from GBX 990 ($12.37) to GBX 1,310 ($16.37) in a report on Friday, March 24th. Finally, Berenberg Bank boosted their price objective on shares of Fevertree Drinks from GBX 1,000 ($12.49) to GBX 1,150 ($14.37) in a report on Thursday, January 19th.
Get Fevertree Drinks alerts:Fevertree Drinks Price Performance
Shares of FQVTF opened at $17.00 on Thursday. The business's 50 day moving average price is $14.59 and its 200-day moving average price is $13.40. Fevertree Drinks has a 52 week low of $8.81 and a 52 week high of $22.55.
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.
Further Reading
- Get a free copy of the StockNews.com research report on Fevertree Drinks (FQVTF)
- Starbucks Stock Becomes a Value Play
- Kraft Heinz Recovery Gains Momentum
- Here's Why AMD's Weak Guidance Is A Blessing In Disguise
- BP Shares Sold Off After Earnings: Here Is What Upset Markets
- Will Forced Divesture Of Grail Boost Illumina Shareholder Value?
Receive News & Ratings for Fevertree Drinks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fevertree Drinks and related companies with MarketBeat.com's FREE daily email newsletter.