Jefferies Financial Group Reaffirms "Hold" Rating for Fevertree Drinks (LON:FEVR)

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.

Jefferies Financial Group reiterated their hold rating on shares of Fevertree Drinks (LON:FEVR - Free Report) in a research note published on Friday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 900 price target on the stock.

Separately, JPMorgan Chase & Co. raised their price objective on shares of Fevertree Drinks from GBX 770 to GBX 850 and gave the stock a "neutral" rating in a report on Friday, September 12th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of GBX 863.33.

Fevertree Drinks Stock Up 3.7%

LON FEVR traded up GBX 33 on Friday, hitting GBX 917. 6,955,633 shares of the company were exchanged, compared to its average volume of 619,235. The company has a market cap of £1.09 billion, a PE ratio of 4,398.08, a PEG ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a 12 month low of GBX 608.50 and a 12 month high of GBX 1,020. The stock has a fifty day moving average of GBX 891.98 and a 200-day moving average of GBX 846.83. The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 1.50.

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

Insider Activity

In other Fevertree Drinks news, insider Kevin Havelock acquired 37,000 shares of the business's stock in a transaction dated Thursday, September 11th. The stock was bought at an average price of GBX 846 per share, with a total value of £313,020. Company insiders own 12.57% of the company's stock.

Fevertree Drinks Company Profile

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.