Fevertree Drinks (FEVR)

Sector:

Beverages

Index:

FTSE AIM 50

1,079.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 1,456.00
  • 52 Week Low: 952.00
  • Currency: UK Pounds
  • Shares Issued: 116.69m
  • Volume: 191,208
  • Market Cap: £1,259.06m

RBC Capital downgrades Fever-Tree, slashes price target

By Michele Maatouk

Date: Friday 22 Jul 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets downgraded tonic maker Fever-Tree on Friday to 'underperform' from 'sector perform' and slashed the price target to 700p from 1,600p.

"Headwinds are accumulating against the top line and our industry contracts are increasingly bearish on the US," it said.

"In addition, we no longer have any confidence margins will improve in the near-term."

RBC said Fever-Tree's 2021 margin was actually in line with other soft drink peers.

Fever-Tree shares tumbled last week after a profit warning, as it downgraded its EBITDA guidance for the year to between £37.5m and £45m, from previous guidance of £63m to £66m.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

FEVR Market Data

Currency UK Pounds
Share Price 1,079.00p
Change Today 4.00p
% Change 0.37 %
52 Week High 1,456.00
52 Week Low 952.00
Volume 191,208
Shares Issued 116.69m
Market Cap £1,259.06m

FEVR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.74% below the market average85.74% below the market average85.74% below the market average85.74% below the market average85.74% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
21.49% below the market average21.49% below the market average21.49% below the market average21.49% below the market average21.49% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income
99.5% below the market average99.5% below the market average99.5% below the market average99.5% below the market average99.5% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
92.2% below the market average92.2% below the market average92.2% below the market average92.2% below the market average92.2% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 7
Sell 4
Strong Sell 0
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FEVR Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 28-Sep-23
Paid 21-Jun-24 20-Oct-23
Amount 10.90p 5.74p

Trades for 18-Apr-2024

Time Volume / Share Price
16:38 94,935 @ 1,078.50p
16:37 337 @ 1,079.00p
16:35 39,228 @ 1,079.00p
16:35 158 @ 1,079.00p
16:35 452 @ 1,079.00p

FEVR Key Personnel

CEO Timothy (Tim) Daniel Warrillow
Finance Director Andrew Branchflower

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