Shares of Fevertree Drinks PLC (OTCMKTS:FQVTF) have earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation and five have issued a buy recommendation on the company.
FQVTF has been the topic of a number of research analyst reports. Barclays initiated coverage on Fevertree Drinks in a research report on Monday, July 13th. They set an “overweight” rating on the stock. Liberum Capital reiterated a “buy” rating on shares of Fevertree Drinks in a research report on Tuesday, July 28th. JPMorgan Chase & Co. downgraded Fevertree Drinks from a “neutral” rating to an “underweight” rating in a research report on Thursday, July 16th. Finally, Royal Bank of Canada upgraded Fevertree Drinks from a “sector perform” rating to an “outperform” rating in a research report on Monday, June 22nd.
FQVTF stock traded down $0.41 during midday trading on Tuesday, reaching $27.10. The stock had a trading volume of 350 shares, compared to its average volume of 1,421. The company’s fifty day simple moving average is $28.44 and its 200 day simple moving average is $22.41. Fevertree Drinks has a 52-week low of $10.30 and a 52-week high of $31.47.
About Fevertree Drinks
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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