In a report released today, Frederick Wilkinson from Citi maintained a Hold rating on Fevertree Drinks (FQVTF – Research Report), with a price target of £7.15. The company’s shares closed last Wednesday at $8.90.

In addition to Citi, Fevertree Drinks also received a Hold from Deutsche Bank ‘s Deirdre Mullaney in a report issued on February 10. However, on February 4, Redburn Atlantic downgraded Fevertree Drinks (Other OTC: FQVTF) to a Sell.

Based on Fevertree Drinks’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $172.9 million and a net profit of $7.6 million. In comparison, last year the company earned a revenue of $175.6 million and had a net profit of $1.1 million