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An update from Fevertree Drinks ( (GB:FEVR) ) is now available.
Fevertree Drinks PLC announced the repurchase of 90,000 ordinary shares as part of its ongoing share buyback program. The shares were bought at prices ranging from 928.00 to 947.00 pence and will be canceled, which is expected to enhance shareholder value and optimize the company’s capital structure.
The most recent analyst rating on (GB:FEVR) stock is a Hold with a £1000.00 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’ overall stock score is driven by its strong financial performance and strategic share buyback program, which enhances shareholder value. However, the high P/E ratio suggests potential overvaluation, and technical indicators point to a neutral to slightly bearish market sentiment.
To see Spark’s full report on GB:FEVR stock, click here.
More about Fevertree Drinks
Fevertree Drinks PLC is a company operating in the beverage industry, primarily known for its premium mixers. The company focuses on providing high-quality tonic waters, ginger ales, and other mixers that cater to the premium spirits market.
Average Trading Volume: 369,171
Technical Sentiment Signal: Hold
Current Market Cap: £1.11B
Find detailed analytics on FEVR stock on TipRanks’ Stock Analysis page.