Fevertree Drinks PLC 11.7% potential upside indicated by Jefferies

Fevertree Drinks PLC with ticker (LON:FEVR) now has a potential upside of 11.7% according to Jefferies.

FEVR.L

Jefferies set a target price of 1,000 GBX for the company, which when compared to the Fevertree Drinks PLC share price of 895 GBX at opening today (13/08/2024) indicates a potential upside of 11.7%. Trading has ranged between 830 (52 week low) and 1,365 (52 week high) with an average of 261,670 shares exchanging hands daily. The market capitalisation at the time of writing is £1,046,759,956.

Fevertree Drinks PLC is a United Kingdom-based supplier of carbonated mixers. The Company’s products include Premium Indian Tonic, Flavored Tonics, Ginger Ales, Ginger Beers and 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 and Orange Blossom Soda, Mexican Lime Soda, Ginger Beer, Ginger ALE, Spiced Orange Ginger ALE, Sicilian Lemonade, and others. 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 USA Inc., Fevertree USA Holding Co. Inc., Fevertree USA Production Co. Inc., Fevertree US Limited, Fevertree ROW Limited, GDP Global Drinks Partnership GmbH, Powell & Mahoney Ltd, Fevertree Germany Limited, among others.