Fevertree Drinks (FEVR)

Sector:

Beverages

Index:

FTSE AIM 50

1,201.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 1,456.00
  • 52 Week Low: 952.00
  • Currency: UK Pounds
  • Shares Issued: 116.69m
  • Volume: 204,280
  • Market Cap: £1,401.41m

Barclays downgrades Fever-Tree after profit warning

By Michele Maatouk

Date: Tuesday 19 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Barclays downgraded tonic maker Fever-Tree on Tuesday to 'equalweight' from 'ovewrweight' following its third profit warning in six months.
"Whilst many may perceive this to mark trough profitability, we lack conviction in the guidance," the bank said.

"Fever-Tree expects inflationary pressures to persist but will not take pricing until FY23E, whilst competitive pressures are expected to be intensifying and consumers slowing down.

"We continue to like Fever-Tree's long-term opportunity but until our confidence in margins can be restored, we believe near-term headwinds will overshadow long-term growth."

The bank slashed its price target on the shares to 1,000p from 3,030p.

Email this article to a friend

or share it with one of these popular networks:


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 1,201.00p
Change Today 4.00p
% Change 0.33 %
52 Week High 1,456.00
52 Week Low 952.00
Volume 204,280
Shares Issued 116.69m
Market Cap £1,401.41m

FEVR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.98% below the market average85.98% below the market average85.98% below the market average85.98% below the market average85.98% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
8.8% below the market average8.8% below the market average8.8% below the market average8.8% below the market average8.8% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% 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
92.35% below the market average92.35% below the market average92.35% below the market average92.35% below the market average92.35% 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 28-Mar-2024

Time Volume / Share Price
16:35 57,029 @ 1,201.00p
16:35 193 @ 1,201.00p
16:35 84 @ 1,201.00p
16:35 62 @ 1,201.00p
16:35 273 @ 1,201.00p

FEVR Key Personnel

CEO Timothy (Tim) Daniel Warrillow
Finance Director Andrew Branchflower

Top of Page