Fevertree Drinks PLC Increases Again; Strong Momentum for Buyers

 Fevertree Drinks PLC Increases Again; Strong Momentum for Buyers

The stock of Fevertree Drinks PLC (LON:FEVR) is a huge mover today! The stock increased 1.66% or GBX 18 on November 8, hitting GBX 1100. About 1.11 million shares traded hands or 121.88% up from the average. Fevertree Drinks PLC (LON:FEVR) has risen 63.57% since April 8, 2016 and is uptrending. It has outperformed by 61.61% the S&P500.
The move comes after 5 months positive chart setup for the GBX 1.27 billion company. It was reported on Nov, 8 by Barchart.com. We have GBX 1452.00 PT which if reached, will make LON:FEVR worth GBX 406.40 million more.

Fevertree Drinks PLC (LON:FEVR) Ratings Coverage

Out of 3 analysts covering Fevertree Drinks Plc (LON:FEVR), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. GBX 1140 is the highest target while GBX 395 is the lowest. The GBX 1060 average target is -3.64% below today’s (GBX 1100) stock price. Fevertree Drinks Plc has been the topic of 12 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The stock of Fevertree Drinks PLC (LON:FEVR) earned “Buy” rating by Investec on Monday, November 7. The firm earned “Buy” rating on Monday, March 14 by Investec. The firm has “Buy” rating by Investec given on Monday, January 25. Berenberg maintained it with “Hold” rating and GBX 600 target price in Friday, March 18 report. Investec maintained the stock with “Buy” rating in Tuesday, January 19 report. The stock of Fevertree Drinks PLC (LON:FEVR) has “Buy” rating given on Tuesday, July 26 by Investec. The stock has “Buy” rating given by Investec on Wednesday, November 4. The company was maintained on Monday, January 25 by Shore Capital. The company was maintained on Monday, August 1 by Berenberg. The firm earned “Hold” rating on Tuesday, April 19 by Berenberg.

More notable recent Fevertree Drinks PLC (LON:FEVR) news were published by: Fool.Co.Uk which released: “Can Fevertree Drinks plc Beat Royal Dutch Shell Plc In 2016?” on December 09, 2015, also Fool.Co.Uk with their article: “Why I’d buy Diageo plc instead of Fevertree Drinks plc after today’s update” published on September 21, 2016, Fool.Co.Uk published: “Is It Too Late To Buy 2015 Winners Fevertree Drinks PLC (+205%), AFC Energy …” on November 10, 2015. More interesting news about Fevertree Drinks PLC (LON:FEVR) were released by: Fool.Co.Uk and their article: “Why I would buy growth stars Patisserie Holdings plc and Fevertree Drinks plc …” published on May 20, 2016 as well as Fool.Co.Uk‘s news article titled: “Why are Fevertree Drinks plc, Mothercare plc and Hochschild Mining plc today’s …” with publication date: May 19, 2016.

Fevertree Drinks plc is a United Kingdom holding and investment company. The company has a market cap of 1.27 billion GBP. The Firm is a developer and supplier of premium mixer drinks. It has a 72.57 P/E ratio. The Company’s premium mixers consist of a range of all natural carbonated mixers, including Tonics, Ginger Ale, Ginger Beer, Bitter Lemon and Lemonades.

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