National Beverage (NASDAQ:FIZZ) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.
A number of other equities research analysts have also recently issued reports on FIZZ. Susquehanna Bancshares set a $150.00 price objective on National Beverage and gave the company a “buy” rating in a research note on Monday, December 4th. Credit Suisse Group restated a “sell” rating on shares of National Beverage in a research note on Friday, December 8th. Finally, UBS Group upgraded National Beverage from a “neutral” rating to a “positive” rating in a research note on Monday, November 20th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. National Beverage currently has a consensus rating of “Hold” and an average target price of $94.00.
National Beverage (NASDAQ:FIZZ) traded up $1.98 during midday trading on Friday, hitting $107.41. The stock had a trading volume of 253,665 shares, compared to its average volume of 291,109. The company has a market cap of $4,913.12, a PE ratio of 39.93 and a beta of 0.55. National Beverage has a 12 month low of $45.89 and a 12 month high of $129.82.
Institutional investors have recently made changes to their positions in the stock. Sei Investments Co. bought a new stake in National Beverage in the 3rd quarter valued at about $188,000. Essex Financial Services Inc. bought a new stake in shares of National Beverage during the third quarter valued at about $214,000. Sawgrass Asset Management LLC bought a new stake in shares of National Beverage during the third quarter valued at about $228,000. Stratos Wealth Partners LTD. bought a new stake in shares of National Beverage during the third quarter valued at about $229,000. Finally, Quantbot Technologies LP bought a new stake in shares of National Beverage during the second quarter valued at about $173,000. Institutional investors and hedge funds own 21.35% of the company’s stock.
About National Beverage
National Beverage Corp. is a holding company. The Company develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. The Company’s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands), including sparkling waters, energy drinks and juices, and carbonated soft drinks in a range of flavors, including regular, sugar-free and reduced calorie options.
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