New Age Beverages (NBEV) Stock Rating Reaffirmed by Aegis
New Age Beverages (NASDAQ:NBEV)‘s stock had its “buy” rating restated by equities research analysts at Aegis in a research report issued to clients and investors on Monday.
NBEV has been the topic of several other reports. Zacks Investment Research upgraded shares of New Age Beverages from a “hold” rating to a “buy” rating and set a $2.75 target price on the stock in a report on Wednesday, October 18th. Maxim Group decreased their target price on shares of New Age Beverages from $7.50 to $6.00 and set a “buy” rating on the stock in a report on Friday, November 17th. Finally, TheStreet lowered shares of New Age Beverages from a “c” rating to a “d+” rating in a report on Monday, August 7th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. New Age Beverages presently has an average rating of “Buy” and a consensus target price of $5.63.
New Age Beverages (NASDAQ:NBEV) opened at $2.17 on Monday. The company has a quick ratio of 1.26, a current ratio of 2.21 and a debt-to-equity ratio of 0.11. New Age Beverages has a fifty-two week low of $1.80 and a fifty-two week high of $7.20.
WARNING: “New Age Beverages (NBEV) Stock Rating Reaffirmed by Aegis” was originally published by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/12/06/new-age-beverages-nbev-stock-rating-reaffirmed-by-aegis.html.
New Age Beverages Company Profile
The New Age Beverage Corporation, formerly Bucha, Inc, is a healthy functional beverage company. The Company is the owner of XingTea, XingEnergy, Aspen Pure and the Bucha Live Kombucha brands. The Company’s bucha Live Kombucha is a gluten free, organic certified, sparkling kombucha tea and is distributed in health and grocery chains across North America.
Receive News & Ratings for New Age Beverages Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Age Beverages Corp and related companies with MarketBeat.com's FREE daily email newsletter.