Fevertree Drinks (OTCMKTS:FQVTF)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a note issued to investors on Thursday, The Fly reports.
FQVTF has been the subject of a number of other research reports. Royal Bank of Canada upgraded Fevertree Drinks from a “sector perform” rating to an “outperform” rating in a research report on Monday, June 22nd. JPMorgan Chase & Co. lowered Fevertree Drinks from a “neutral” rating to an “underweight” rating in a research report on Thursday, July 16th. Barclays began coverage on Fevertree Drinks in a research report on Monday, July 13th. They set an “overweight” rating for the company. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Fevertree Drinks in a report on Tuesday, July 28th. Two investment analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. Fevertree Drinks currently has an average rating of “Hold”.
Shares of Fevertree Drinks stock opened at $30.85 on Thursday. The business has a 50-day moving average price of $28.30 and a 200-day moving average price of $23.06. Fevertree Drinks has a twelve month low of $10.30 and a twelve month high of $31.47.
Fevertree Drinks Company Profile
Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. The company’s products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, aromatic tonic water, Clementine tonic water, lemon tonic water, ginger beer, ginger ale, Madagascan cola, Sicilian lemonade, lemonade, and spring soda water.
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