Litchfield Hills Research Begins Coverage on Innovation Beverage Group (NASDAQ:IBG)

Litchfield Hills Research began coverage on shares of Innovation Beverage Group (NASDAQ:IBG) in a report released on Thursday, MarketBeat.com reports. The brokerage issued a buy rating on the stock.

Innovation Beverage Group Price Performance

IBG stock opened at $1.11 on Thursday. Innovation Beverage Group has a fifty-two week low of $0.60 and a fifty-two week high of $3.35.

About Innovation Beverage Group

Innovation Beverage Group (formerly Australian Boutique Spirits) is an award-winning distillery that produces a variety of brands in-house and imports global brands to sell exclusively to the Australian market through bevmart.com.au. It was recently recognized as the Australian Liqueur Distillery of the year by the Melbourne International Spirits Competition.