Fevertree Drinks' (FEVR) Hold Rating Reaffirmed at Jefferies Financial Group

Key Points

• Fevertree Drinks' stock received a "hold" rating from Jefferies Financial Group with a price target of GBX 900, indicating a potential upside of 1.33% from its current price.
• JPMorgan Chase & Co. raised their price target from GBX 770 to GBX 850, maintaining a "neutral" rating on the stock.
• Fevertree Drinks reported earnings of GBX 6.85 per share for the last quarter, with analysts predicting an average EPS of approximately 38.32 for the current year.

Fevertree Drinks (LON:FEVR - Get Free Report)'s stock had its "hold" rating restated by equities researchers at Jefferies Financial Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 900 price target on the stock. Jefferies Financial Group's target price would indicate a potential upside of 1.33% from the stock's current price.

Separately, JPMorgan Chase & Co. increased their price target on Fevertree Drinks from GBX 770 to GBX 850 and gave the stock a "neutral" rating in a research report on Friday. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of GBX 863.33.

Fevertree Drinks Stock Up 1.9%

Shares of FEVR opened at GBX 888.16 on Friday. Fevertree Drinks has a 52 week low of GBX 608.50 and a 52 week high of GBX 1,020. The company has a quick ratio of 3.21, a current ratio of 4.11 and a debt-to-equity ratio of 1.50. The company has a market capitalization of £1.05 billion, a price-to-earnings ratio of 4,259.76, a PEG ratio of -4.51 and a beta of 1.07. The stock's 50-day moving average price is GBX 893.09 and its 200-day moving average price is GBX 841.44.

Fevertree Drinks (LON:FEVR - Get Free Report) last issued its quarterly earnings results on Thursday, September 11th. The company reported GBX 6.85 earnings per share (EPS) for the quarter. Fevertree Drinks had a return on equity of 9.30% and a net margin of 6.05%. On average, sell-side analysts predict that Fevertree Drinks will post 38.3184173 EPS for the current year.

About Fevertree Drinks

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.

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