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Pin to quick picksFevertree Share News (FEVR)

Share Price Information for Fevertree (FEVR)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 1,062.00
Bid: 1,065.00
Ask: 1,069.00
Change: 39.00 (3.81%)
Spread: 4.00 (0.376%)
Open: 1,050.00
High: 1,087.00
Low: 1,050.00
Prev. Close: 1,023.00
FEVR Live PriceLast checked at -

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RBC Capital downgrades Fever-Tree, slashes price target

Fri, 22nd Jul 2022 08:59

(Sharecast News) - RBC Capital Markets downgraded tonic maker Fever-Tree on Friday to 'underperform' from 'sector perform' and slashed the price target to 700p from 1,600p.

"Headwinds are accumulating against the top line and our industry contracts are increasingly bearish on the US," it said.

"In addition, we no longer have any confidence margins will improve in the near-term."

RBC said Fever-Tree's 2021 margin was actually in line with other soft drink peers.

Fever-Tree shares tumbled last week after a profit warning, as it downgraded its EBITDA guidance for the year to between £37.5m and £45m, from previous guidance of £63m to £66m.

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Today 09:56

Drinks maker Britvic rejects $3.93 billion takeover proposal from Carlsberg

Proposal raised to 1,250 pence per share

*

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14 Jun 2024 15:56

UK dividends calendar - next 7 days

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Mitie Group PLCex-dividend payment date
Patria Private Equity Trust PLCex-dividend payment date
Persimmon PLCex-dividend payment date
RWS Holdings PLCex-dividend payment date
S&U PLCex-dividend payment date
Science Group PLCex-dividend payment date
Scottish American Investment Co PLCdividend payment date
Tate & Lyle PLCex-dividend payment date
Templeton Emerging Markets Investment Trust PLCex-dividend payment date
Touchstar PLCex-dividend payment date
United Utilities Group PLCex-dividend payment date
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Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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6 Jun 2024 09:01

Fevertree mixes top line growth with market gains as backs outlook

(Alliance News) - Fevertree Drinks PLC on Thursday highlighted broad-based growth as it reiterated guidance for the full-year.

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LONDON MARKET OPEN: FTSE 100 up as investors anticipate ECB rate cut

(Alliance News) - Stock prices in London opened higher on Thursday, ahead of the next interest rate decision from the European Central Bank, due later in the day.

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6 Jun 2024 07:45

Tonic maker Fever-Tree on track as market share climbs

(Sharecast News) - London-based tonic and soda maker Fever-Tree Drinks said on Thursday that sales have risen over the year to date, as it continues to drive market share gains across all regions.

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6 Jun 2024 07:39

LONDON BRIEFING: FTSE 100 seen higher ahead of ECB interest rate call

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30 May 2024 16:37

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Chesterfield Resources PLCAGM
Fulcrum Metals PLCAGM
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Oakley Capital Investments LtdAGM
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Deltic Energy PLCAGM
Eleco PLCAGM
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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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28 May 2024 11:06

Goldman Sachs downgrades Fevertree to 'sell'

(Sharecast News) - Goldman Sachs downgraded Fevertree to 'sell' from 'neutral' on Tuesday and cut the price target to 1,050p from 1,075p.

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28 May 2024 09:36

LONDON BROKER RATINGS: RBC likes M&S; Goldman cuts Fevertree to 'sell'

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UK dividends calendar - next 7 days

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Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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30 Apr 2024 14:21

Deutsche Bank starts coverage of Fevetree, Britvic at 'buy'

(Sharecast News) - Deutsche Bank initiated coverage of drinks companies Fevertree and Britvic on Tuesday with 'buy' rating.

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LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

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