Fevertree Drinks PLC (FEVR) Insider Domenico De Lorenzo Buys 3,500 Shares
Fevertree Drinks PLC (LON:FEVR) insider Domenico De Lorenzo purchased 3,500 shares of the firm’s stock in a transaction dated Tuesday, February 12th. The shares were bought at an average price of GBX 2,734 ($35.72) per share, with a total value of £95,690 ($125,035.93).
FEVR stock opened at GBX 2,707 ($35.37) on Wednesday. Fevertree Drinks PLC has a 12-month low of GBX 1,353.93 ($17.69) and a 12-month high of GBX 2,926 ($38.23).
Several research firms recently commented on FEVR. Deutsche Bank reaffirmed a “hold” rating on shares of Fevertree Drinks in a report on Tuesday, December 4th. Royal Bank of Canada dropped their price objective on shares of Fevertree Drinks from GBX 3,600 ($47.04) to GBX 3,400 ($44.43) and set an “outperform” rating for the company in a report on Friday, January 25th. Finally, Berenberg Bank decreased their target price on shares of Fevertree Drinks from GBX 4,250 ($55.53) to GBX 3,900 ($50.96) and set a “buy” rating on the stock in a research report on Tuesday, January 29th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 3,720 ($48.61).
Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. The company's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, aromatic tonic water, Clementine tonic water, lemon tonic water, ginger beer, ginger ale, Madagascan cola, Sicilian lemonade, lemonade, and spring soda water.
Further Reading: Float
Receive News & Ratings for Fevertree Drinks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fevertree Drinks and related companies with MarketBeat.com's FREE daily email newsletter.