Investec Reiterates Buy Rating for Fevertree Drinks (FEVR)

Fevertree Drinks (LON:FEVR)‘s stock had its “buy” rating reiterated by Investec in a research note issued to investors on Tuesday. They presently have a GBX 2,330 ($31.36) price target on the stock. Investec’s target price indicates a potential upside of 22.63% from the company’s previous close.

Other analysts have also issued research reports about the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 2,400 ($32.30) price target on shares of Fevertree Drinks in a report on Monday, November 20th. Shore Capital reissued a “hold” rating on shares of Fevertree Drinks in a report on Tuesday. Finally, Royal Bank Of Canada reissued a “sector performer” rating and issued a GBX 2,000 ($26.92) price target on shares of Fevertree Drinks in a report on Thursday, November 9th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 2,207.50 ($29.71).

Shares of Fevertree Drinks (FEVR) opened at GBX 1,900 ($25.57) on Tuesday. Fevertree Drinks has a fifty-two week low of GBX 1,002 ($13.49) and a fifty-two week high of GBX 2,506 ($33.73).

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Fevertree Drinks Company Profile

Fevertree Drinks plc is a United Kingdom-based holding and investment company. The Company is a developer and supplier of premium mixer drinks. The Company’s premium mixers consist of a range of all natural carbonated mixers, including Tonics, Ginger Ale, Ginger Beer, Bitter Lemon and Lemonades. The Company sells a range of products under the Fever-Tree brand, which include Indian Tonic Water, Naturally Light Tonic Water, Elderflower Tonic Water, Mediterranean Tonic Water, Ginger Ale, Ginger Beer, Naturally Light Ginger Beer, Bitter Lemon, Sicilian Lemonade, Lemonade, Spring Soda Water and Premium Cola.

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