Fevertree Drinks PLC 33.4% Potential Decrease Indicated by Goldman Sachs

Broker Ratings

Fevertree Drinks PLC using EPIC/TICKER code (LON:FEVR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. Goldman Sachs have set their target price at 1440 GBX on its stock. This would imply the analyst believes there is a potential downside of -33.4% from the opening price of 2162.28 GBX. Over the last 30 and 90 trading days the company share price has increased 72.28 points and increased 628.78 points respectively. The 1 year high for the stock price is 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 2,091.52 GBX and the 200 Day Moving Average price is recorded at 1,808.24. There are currently 116,258,890 shares in issue with the average daily volume traded being 749,894. Market capitalisation for LON:FEVR is £2,497,938,624 GBP.

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