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Fevertree Drinks Announces Total Voting Rights Update

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Fevertree Drinks Announces Total Voting Rights Update

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The latest update is out from Fevertree Drinks ( (GB:FEVR) ).

Fevertree Drinks PLC has announced that its total issued share capital consists of 121,418,908 ordinary shares, each with one voting right, resulting in a total of 121,418,908 voting rights. This figure is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules, potentially impacting shareholder engagement and regulatory compliance.

The most recent analyst rating on (GB:FEVR) stock is a Sell with a £593.00 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 GB:FEVR Stock

According to Spark, TipRanks’ AI Analyst, GB:FEVR is a Outperform.

Fevertree Drinks’ strong financial performance and robust corporate actions, like the share buyback program, underscore its market confidence and stability. The positive technical indicators further support its favorable outlook, although the high P/E ratio suggests that the stock may be overvalued, which slightly tempers the overall score.

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

More about Fevertree Drinks

Fever-Tree is a leading global supplier of premium carbonated mixers for alcoholic spirits, distributed in over 90 countries. Founded in 2005 and based in the UK, the company caters to the demand for high-quality mixers for spirits such as gin, vodka, rum, and whisky, selling to both on-trade venues like hotels and bars, and off-trade retail outlets.

Average Trading Volume: 432,359

Technical Sentiment Signal: Hold

Current Market Cap: £1.13B

Find detailed analytics on FEVR stock on TipRanks’ Stock Analysis page.

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