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Stock analysts at Canaccord Genuity reduced their price target on shares of Sodastream International (NASDAQ:SODA) from $43.00 to $39.00 in a report issued on Thursday, AmericanBankingNews.com reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s target price points to a potential upside of 8.97% from the stock’s previous close.

Sodastream International (NASDAQ:SODA) opened at 37.79 on Thursday. Sodastream International has a 1-year low of $35.27 and a 1-year high of $77.80. The stock’s 50-day moving average is $43.81 and its 200-day moving average is $56.57. The company has a market cap of $787.2 million and a price-to-earnings ratio of 15.60.

SODA has been the subject of a number of other recent research reports. Analysts at KeyCorp downgraded shares of Sodastream International from a “buy” rating to a “hold” rating in a research note to investors on Thursday. They now have a $150.00 price target on the stock. Separately, analysts at Barclays cut their price target on shares of Sodastream International from $100.00 to $55.00 in a research note to investors on Monday, January 27th. They now have an “overweight” rating on the stock. Finally, analysts at Zacks downgraded shares of Sodastream International from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, January 16th. They now have a $36.80 price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $68.53.

SodaStream International Ltd., along with its subsidiaries, is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products.

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