Analysts at HSBC assumed coverage on shares of Stock Spirits Group (LON:STCK) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating and a GBX 290 ($3.79) price target on the stock. HSBC’s price target would indicate a potential upside of 24.92% from the company’s previous close.
A number of other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. cut Stock Spirits Group to a “neutral” rating and boosted their target price for the company from GBX 220 ($2.87) to GBX 230 ($3.01) in a research note on Friday, February 1st. Berenberg Bank reissued a “buy” rating on shares of Stock Spirits Group in a research note on Tuesday, January 15th. Finally, Numis Securities reissued a “buy” rating and issued a GBX 320 ($4.18) target price on shares of Stock Spirits Group in a research note on Tuesday, January 8th.
LON:STCK opened at GBX 232.15 ($3.03) on Tuesday. Stock Spirits Group has a 1 year low of GBX 155.50 ($2.03) and a 1 year high of GBX 320 ($4.18).
Stock Spirits Group Company Profile
Stock Spirits Group PLC produces and distributes branded spirits primarily in Central and Eastern Europe. It offers a range of spirits, including vodka, vodka-based liqueurs, rum, brandy, wines, whisky, gin, herbal bitters, and limoncello under approximately 45 brand names. The company also exports its products to approximately 50 countries.
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