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Fevertree Drinks ( (GB:FEVR) ) has provided an announcement.
Fevertree Drinks PLC has repurchased 41,412 of its ordinary shares as part of a buyback program announced earlier in the year. The shares were purchased at prices ranging from 914.00 to 936.00 pence and will be cancelled, potentially impacting the company’s share value and providing a return to shareholders.
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.
The overall stock score reflects strong financial health and a positive technical outlook. The share buyback program further supports shareholder value. However, the high P/E ratio suggests the stock may be overvalued, which is a significant risk factor.
To see Spark’s full report on GB:FEVR stock, click here.
More about Fevertree Drinks
Fevertree Drinks PLC operates in the beverage industry, primarily focusing on the production and distribution of premium mixers. The company is known for its tonic waters, ginger ales, and other carbonated mixers, catering to a market that values high-quality and natural ingredients.
Average Trading Volume: 373,066
Technical Sentiment Signal: Hold
Current Market Cap: £1.11B
For a thorough assessment of FEVR stock, go to TipRanks’ Stock Analysis page.