Fevertree Drinks PLC 25.3% potential upside indicated by Deutsche Bank

Fevertree Drinks PLC with ticker (LON:FEVR) now has a potential upside of 25.3% according to Deutsche Bank.



Deutsche Bank set a target price of 3,300 GBX for the company, which when compared to the Fevertree Drinks PLC share price of 2,465 GBX at opening today (08/11/2021) indicates a potential upside of 25.3%. Trading has ranged between 2,039 (52 week low) and 2,787 (52 week high) with an average of 320,684 shares exchanging hands daily. The market capitalisation at the time of writing is £2,912,574,504.

Fevertree Drinks plc is a United Kingdom-based holding and investment company. The Company is a developer and supplier of premium mixer drinks. The Company’s premium mixers consist of a range of all natural carbonated mixers, including Tonics, Ginger Ale, Ginger Beer, Bitter Lemon and Lemonades. The Company sells a range of products under the Fever-Tree brand, which include Indian Tonic Water, Naturally Light Tonic Water, Elderflower Tonic Water, Mediterranean Tonic Water, Ginger Ale, Ginger Beer, Naturally Light Ginger Beer, Bitter Lemon, Sicilian Lemonade, Lemonade, Spring Soda Water and Premium Cola. The Company caters to hotels, restaurants, bars and cafes, as well as supermarkets. The Company sells its products to a range of markets, such as the United Kingdom, Europe and North America.