Fevertree Drinks (LON:FEVR) Earns Buy Rating from Analysts at Deutsche Bank Aktiengesellschaft

Stock analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Fevertree Drinks (LON:FEVR - Get Free Report) in a research note issued on Tuesday, Marketbeat.com reports. The firm set a "buy" rating and a GBX 1,600 ($20.10) price target on the stock. Deutsche Bank Aktiengesellschaft's price objective indicates a potential upside of 41.22% from the stock's current price.

Separately, Royal Bank of Canada reissued a "sector perform" rating and set a GBX 1,200 ($15.07) target price on shares of Fevertree Drinks in a report on Thursday, April 11th.

Fevertree Drinks Stock Up 1.9 %

Shares of FEVR stock traded up GBX 21 ($0.26) on Tuesday, hitting GBX 1,133 ($14.23). The stock had a trading volume of 255,187 shares, compared to its average volume of 257,217. The firm has a market capitalization of £1.32 billion, a price-to-earnings ratio of 8,715.38, a P/E/G ratio of -4.51 and a beta of 1.09. Fevertree Drinks has a 52-week low of GBX 947 ($11.90) and a 52-week high of GBX 1,489 ($18.70). The stock's 50 day moving average is GBX 1,124.86 and its 200-day moving average is GBX 1,068.02. The company has a debt-to-equity ratio of 6.39, a quick ratio of 3.21 and a current ratio of 3.71.

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. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.