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Brokerages Set Fevertree Drinks PLC (LON:FEVR) PT at GBX 1,197.22

Financial News Live ·  Mar 28, 2023 17:53

Fevertree Drinks PLC (LON:FEVR – Get Rating) has received a consensus rating of "Hold" from the nine research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,208.33 ($14.85).

Several equities research analysts have recently issued reports on FEVR shares. Barclays restated an "equal weight" rating and set a GBX 1,040 ($12.78) price objective on shares of Fevertree Drinks in a report on Monday, February 6th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 1,200 ($14.74) target price on shares of Fevertree Drinks in a report on Friday. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a GBX 1,000 ($12.29) target price on shares of Fevertree Drinks in a report on Wednesday, March 22nd.

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Fevertree Drinks Price Performance

FEVR stock opened at GBX 1,196.92 ($14.71) on Tuesday. Fevertree Drinks has a 52-week low of GBX 804.50 ($9.88) and a 52-week high of GBX 1,889.50 ($23.22). The stock's fifty day simple moving average is GBX 1,095.50 and its 200-day simple moving average is GBX 1,037.80. The company has a quick ratio of 3.21, a current ratio of 4.00 and a debt-to-equity ratio of 7.07. The stock has a market capitalization of £1.40 billion, a price-to-earnings ratio of 5,454.55, a price-to-earnings-growth ratio of -4.51 and a beta of 1.17.

Fevertree Drinks Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Thursday, April 20th will be given a GBX 10.68 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, April 20th. This is a positive change from Fevertree Drinks's previous dividend of $5.63. This represents a yield of 0.99%. Fevertree Drinks's dividend payout ratio (DPR) is 7,272.73%.

Fevertree Drinks Company Profile

(Get Rating)

Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. The company's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, Clementine tonic water, ginger beer, ginger ale, and cola distillers.

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