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Fevertree Drinks PLC 6.3% Potential Upside Indicated by Berenberg

Fevertree Drinks PLC using EPIC/TICKER code LON:FEVR has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. Berenberg have set a target price of 1700 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.3% from today’s opening price of 1599 GBX. Over the last 30 and 90 trading days the company share price has increased 92.29 points and increased 485 points respectively.

 
Fevertree Drinks PLC LON:FEVR has a 50 day moving average of 1,476.41 GBX and the 200 Day Moving Average price is recorded at 1,145.19 GBX. The 52 week high for the share price is currently at 1625 GBX while the year low share price is currently 592 GBX. There are currently 114,914,448 shares in issue with the average daily volume traded being 663,559. Market capitalisation for LON:FEVR is £1,821,394,001 GBP.

 

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.

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