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Fevertree Drinks PLC 31.8% Potential Upside Indicated by Shore Capital

Fevertree Drinks PLC with EPIC/TICKER (LON:FEVR) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Shore Capital. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. Shore Capital have set a target price of 2900 GBX on its stock. This now indicates the analyst believes there is a possible upside of 31.8% from today’s opening price of 2200 GBX. Over the last 30 and 90 trading days the company share price has decreased 368 points and decreased 875 points respectively. The 52 week high for the stock is 4120 GBX while the year low stock price is currently 2021 GBX.

Fevertree Drinks PLC has a 50 day moving average of 2,655.27 GBX and a 200 day moving average of 2,739.27. There are currently 776,953,589 shares in issue with the average daily volume traded being 734,869. Market capitalisation for LON:FEVR is £2,542,023,488 GBP.