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An announcement from Fevertree Drinks ( (GB:FEVR) ) is now available.
Fevertree Drinks PLC has repurchased 80,730 of its own ordinary shares as part of a buyback program announced earlier in the year. The shares were purchased at prices ranging from 881 to 891 pence and will be canceled, a move that may positively impact the company’s share value and benefit shareholders by reducing the number of shares in circulation.
The most recent analyst rating on (GB:FEVR) stock is a Buy with a £960.00 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, characterized by consistent revenue growth and robust cash flow management. However, the high P/E ratio suggests potential overvaluation, and mixed technical indicators point to possible volatility. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:FEVR stock, click here.
More about Fevertree Drinks
Fevertree Drinks PLC operates in the beverage industry, specializing in premium mixers. The company is known for its high-quality tonic waters and mixers, catering to a market that values premium and natural ingredients.
Average Trading Volume: 419,548
Technical Sentiment Signal: Hold
Current Market Cap: £1.08B
See more insights into FEVR stock on TipRanks’ Stock Analysis page.