Fevertree Drinks PLC 14.2% Potential Upside Indicated by HSBC

Broker Ratings

Fevertree Drinks PLC using EPIC/TICKER code (LON:FEVR) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. HSBC have set a target price of 2550 GBX on its stock. This indicates the analyst now believes there is a potential upside of 14.2% from today’s opening price of 2233 GBX. Over the last 30 and 90 trading days the company share price has increased 361.5 points and increased 903 points respectively. The 52 week high for the share price is currently at 2569 GBX while the 52 week low for the share price is 888.4 GBX.

Fevertree Drinks PLC has a 50 day moving average of 1,991.00 GBX and the 200 Day Moving Average price is recorded at 1,801.90. There are currently 116,258,890 shares in issue with the average daily volume traded being 715,487. Market capitalisation for LON:FEVR is £2,712,319,903 GBP.

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