Fevertree Drinks PLC 15.6% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings

Fevertree Drinks PLC using EPIC/TICKER code (LON:FEVR) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. JP Morgan Cazenove have set a target price of 1900 GBX on its stock. This would indicate that the analyst believes there is a downside of -15.6% from today’s opening price of 2250 GBX. Over the last 30 and 90 trading days the company share price has increased 226 points and increased 950 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 2,047.78 GBX and a 200 Day Moving Average share price is recorded at 1,806.04. There are currently 306,806,039 shares in issue with the average daily volume traded being 739,671. Market capitalisation for LON:FEVR is £2,655,817,969 GBP.

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