Fevertree Drinks (LON:FEVR - Free Report) had its target price hoisted by JPMorgan Chase & Co. from GBX 770 to GBX 850 in a research note released on Friday morning, Marketbeat reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.
Fevertree Drinks Trading Up 3.7%
Fevertree Drinks stock traded up GBX 33 during trading hours on Friday, reaching GBX 917. The company had a trading volume of 6,955,633 shares, compared to its average volume of 619,235. The firm has a market cap of £1.09 billion, a price-to-earnings ratio of 4,398.08, a P/E/G 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 company has a 50-day moving average price of GBX 891.98 and a 200 day moving average price of GBX 846.83. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.11 and a quick ratio of 3.21.
Fevertree Drinks (LON:FEVR - Get Free Report) last issued its quarterly earnings data on Thursday, September 11th. The company reported GBX 6.85 earnings per share for the quarter. Fevertree Drinks had a return on equity of 9.30% and a net margin of 6.05%. Equities analysts forecast that Fevertree Drinks will post 38.3184173 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Kevin Havelock purchased 37,000 shares of Fevertree Drinks stock in a transaction on Thursday, September 11th. The stock was acquired at an average price of GBX 846 per share, for a total transaction of £313,020. 12.57% of the stock is currently owned by insiders.
Fevertree Drinks Company Profile
(
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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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