Fevertree Drinks PLC (LON:FEVR) declared a dividend on Tuesday, July 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 10th will be given a dividend of GBX 3.01 ($0.04) per share on Friday, September 8th. This represents a dividend yield of 0.15%. The ex-dividend date of this dividend is Thursday, August 10th. The official announcement can be accessed at this link.
Fevertree Drinks PLC (FEVR) traded up 0.46% on Friday, hitting GBX 2386.00. The stock had a trading volume of 183,581 shares. Fevertree Drinks PLC has a 12 month low of GBX 914.25 and a 12 month high of GBX 2,449.00. The company’s market cap is GBX 2.75 billion. The company has a 50-day moving average of GBX 1,991.10 and a 200 day moving average of GBX 1,662.87.
In other Fevertree Drinks PLC news, insider William (Bill) Ronald sold 50,000 shares of the company’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of GBX 2,083 ($27.04), for a total value of £1,041,500 ($1,352,070.62).
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Several analysts recently commented on the company. Royal Bank Of Canada boosted their price target on Fevertree Drinks PLC from GBX 1,950 ($25.31) to GBX 2,400 ($31.16) and gave the stock an “outperform” rating in a research report on Wednesday, July 26th. Berenberg Bank boosted their price target on Fevertree Drinks PLC from GBX 1,850 ($24.02) to GBX 2,400 ($31.16) and gave the stock a “buy” rating in a research report on Friday, July 28th. Whitman Howard boosted their price target on Fevertree Drinks PLC from GBX 1,250 ($16.23) to GBX 1,700 ($22.07) and gave the stock a “hold” rating in a research report on Monday, May 15th. Finally, Shore Capital restated a “hold” rating on shares of Fevertree Drinks PLC in a report on Monday, May 15th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 2,143.75 ($27.83).
Fevertree Drinks PLC Company Profile
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.
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