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Fevertree Drinks PLC 25.9% Potential Upside Indicated by HSBC

Fevertree Drinks PLC using EPIC/TICKER code (LON:FEVR) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. HSBC have set a target price of 3400 GBX on its stock. This now indicates the analyst believes there is a possible upside of 25.9% from the opening price of 2700 GBX. Over the last 30 and 90 trading days the company share price has decreased 272 points and decreased 0 points respectively. The 52 week high for the share price is currently at 4120 GBX while the 52 week low for the share price is 2106 GBX.

Fevertree Drinks PLC has a 50 day moving average of 2,985.85 GBX and a 200 day moving average of 2,900.78. There are currently 116,127,158 shares in issue with the average daily volume traded being 418,999. Market capitalisation for LON:FEVR is £3,041,370,268 GBP.