Fevertree Drinks PLC 10.1% potential upside indicated by RBC Capital Markets

Fevertree Drinks PLC with ticker (LON:FEVR) now has a potential upside of 10.1% according to RBC Capital Markets.



RBC Capital Markets set a target price of 1,200 GBX for the company, which when compared to the Fevertree Drinks PLC share price of 1,090 GBX at opening today (19/04/2024) indicates a potential upside of 10.1%. Trading has ranged between 947 (52 week low) and 1,489 (52 week high) with an average of 240,257 shares exchanging hands daily. The market capitalisation at the time of writing is £1,240,378,558.

Fevertree Drinks PLC is a United Kingdom-based supplier of carbonated mixers for alcoholic spirits. All of its mixers sold in the United Kingdom are carbon neutral. Its products include Premium Indian Tonic, Flavoured Tonics, Ginger Ales, Ginger Beers & Colas, Lemonades, Sodas, Adult Soft Drinks and Cocktail Mixers. Its mixers include Margarita Mixer, Espresso Martini, Mojito Mixer, Premium Indian Tonic Water, Elderflower Tonic Water, Mediterranean Tonic Water, Premium Soda Water, Raspberry & Orange Blossom Soda, Mexican Lime Soda, Ginger Beer, Ginger ALE, Spiced Orange Ginger ALE, Sicilian Lemonade and others. It distributes its products in over 85 countries internationally. It sells its products to a range of markets, such as the United Kingdom, the United States, Europe, and the rest of the world. The Company’s subsidiaries include Fevertree Limited, Fevertree UK Limited, Fevertree Europe Limited, Fevertree ROW Limited, Fevertree Germany Limited and others.