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Fevertree Drinks PLC 23.6% Potential Upside Indicated by Berenberg

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 Berenberg. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. Berenberg have set a target price of 2400 GBX on its stock. This indicates the analyst now believes there is a potential upside of 23.6% from today’s opening price of 1942 GBX. Over the last 30 and 90 trading days the company share price has decreased 153 points and decreased 464 points respectively. The 52 week high for the stock is 2506 GBX while the 52 week low for the stock is 19.27 GBX.

Fevertree Drinks PLC has a 50 day moving average of 2,198.80 GBX and a 200 Day Moving Average share price is recorded at 1,892.02. There are currently 122,687,973 shares in issue with the average daily volume traded being 899,374. Market capitalisation for LON:FEVR is £2,254,111,398 GBP.

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