Research analysts at Roth Capital began coverage on shares of Castle Brands (NYSEAMERICAN:ROX) in a report issued on Thursday, MarketBeat reports. The firm set a “buy” rating and a $2.60 price target on the stock. Roth Capital’s target price would indicate a potential upside of 132.14% from the stock’s previous close.
Other analysts have also issued research reports about the stock. Zacks Investment Research raised shares of Castle Brands from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th. TheStreet raised shares of Castle Brands from a “d+” rating to a “c-” rating in a report on Tuesday, November 28th.
Castle Brands (NYSEAMERICAN ROX) traded up $0.01 during trading hours on Thursday, hitting $1.12. 326,844 shares of the stock were exchanged, compared to its average volume of 363,397. Castle Brands has a 52 week low of $0.72 and a 52 week high of $2.22.
TRADEMARK VIOLATION WARNING: This piece was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2018/02/01/castle-brands-rox-now-covered-by-analysts-at-roth-capital.html.
Castle Brands Company Profile
Castle Brands Inc develops and markets premium and super premium brands in the beverage alcohol categories. The Company is engaged in the sale of premium beverage alcohol. Its beverage alcohol categories include rum, whiskey, liqueurs, vodka and tequila. Its brands include Gosling’s rum, Gosling’s Stormy Ginger Beer, Gosling’s Dark ‘n Stormy ready-to-drink cocktail, Jefferson’s bourbon, Jefferson’s Reserve, Jefferson’s Ocean Aged at Sea, Jefferson’s Wine Finish Collection, Jefferson’s The Manhattan: Barrel Finished Cocktail, Jefferson’s Chef’s Collaboration, Jefferson’s Wood Experiment, Jefferson’s Presidential Select, Jefferson’s Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady’s Irish Cream, Boru vodka, Tierras tequila, Celtic Honey liqueur and Gozio amaretto.
Receive News & Ratings for Castle Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Castle Brands and related companies with MarketBeat.com's FREE daily email newsletter.