Fever-Tree Confirms Total Voting Rights After Share Capital Update

Fevertree Drinks ( (GB:FEVR) ) has provided an announcement.

Fever-Tree has confirmed that its total issued share capital stands at 114,642,475 ordinary shares of 0.25p each, with one voting right attached to every share and no shares held in treasury. As a result, the company’s total voting rights are 114,642,475, a figure that shareholders must use as the denominator when assessing whether they need to disclose new or changed holdings under UK disclosure and transparency rules.

The most recent analyst rating on (GB:FEVR) stock is a Hold with a £900.00 price target. To see the full list of analyst forecasts on Fevertree Drinks stock, see the GB:FEVR Stock Forecast page.

Spark’s Take on FEVR Stock

According to Spark, TipRanks’ AI Analyst, FEVR is a Neutral.

Overall score is driven by a strong, low-leverage balance sheet but offset by weaker recent operating trends and volatile cash generation. Technicals are notably weak (below major moving averages with negative MACD), and valuation is stretched given the high P/E despite a moderate dividend yield.

To see Spark’s full report on FEVR stock, click here.

More about Fevertree Drinks

Fever-Tree is a UK-based drinks company and the world’s leading supplier of premium carbonated mixers for alcoholic spirits by retail sales value. Launched in 2005 to meet rising demand for high-quality mixers, it now distributes a range of tonic and other mixers for gin, vodka, rum and whisky to on-trade venues and selected retail outlets in over 90 countries.

Average Trading Volume: 289,234

Technical Sentiment Signal: Sell

Current Market Cap: £936.6M

See more data about FEVR stock on TipRanks’ Stock Analysis page.