Berenberg Bank Reiterates Buy Rating for Stock Spirits Group (STCK)

Stock Spirits Group (LON:STCK)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a report issued on Tuesday, Digital Look reports. They presently have a GBX 340 ($4.44) price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 47.83% from the stock’s previous close.

STCK has been the subject of a number of other reports. JPMorgan Chase & Co. downgraded shares of 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 report on Friday, February 1st. HSBC started coverage on shares of Stock Spirits Group in a research report on Tuesday, February 12th. They issued a “buy” rating and a GBX 290 ($3.79) price objective for the company. Finally, Numis Securities reiterated a “buy” rating on shares of Stock Spirits Group in a research report on Tuesday.

LON STCK opened at GBX 230 ($3.01) on Tuesday. The firm has a market cap of $456.11 million and a P/E ratio of 15.33. Stock Spirits Group has a 1 year low of GBX 184 ($2.40) and a 1 year high of GBX 269 ($3.51). The company has a debt-to-equity ratio of 25.72, a current ratio of 1.41 and a quick ratio of 1.18.

About Stock Spirits Group

Stock Spirits Group PLC produces and distributes branded spirits 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. Its primary brands include 1906, Amundsen, Amundsen Expedition, Balsam Bialy, Božkov Vodka, Keglevich Dry, Lubelska Biala Trzy Zboza, Nordic Ice Vodka, Orkisz, Pražská Vodka, Saska, Silver, Spiritis, Stock Prestige, Vodka No.1, Wódka Zubr, and Zoladkowa de Luxe.

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