Fevertree Drinks PLC 54.8% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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Fevertree Drinks PLC using EPIC/TICKER code (LON:FEVR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Morgan Stanley. Fevertree Drinks PLC are listed in the Consumer Goods sector within AIM. Morgan Stanley have set a target price of 3400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 54.8% from today’s opening price of 2197 GBX. Over the last 30 and 90 trading days the company share price has decreased 445 points and decreased 728 points respectively. The 1 year high share price is 4120 GBX while the 52 week low for the stock is 2106 GBX.

Fevertree Drinks PLC has a 50 day moving average of 2,767.81 GBX and the 200 Day Moving Average price is recorded at 2,779.75. There are currently 116,127,158 shares in issue with the average daily volume traded being 646,117. Market capitalisation for LON:FEVR is £2,496,350,586 GBP.

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