Stock Spirits Group (STCK) Rating Reiterated by Berenberg Bank

Stock Spirits Group (LON:STCK)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research report issued on Tuesday, Digital Look reports. They currently have a GBX 340 ($4.44) target price on the stock. Berenberg Bank’s price target suggests a potential upside of 47.83% from the company’s current price.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. upped their price objective on Stock Spirits Group from GBX 240 ($3.14) to GBX 250 ($3.27) and gave the company a “neutral” rating in a research note on Wednesday. Numis Securities reiterated a “buy” rating on shares of Stock Spirits Group in a research note on Tuesday. Finally, HSBC initiated coverage on Stock Spirits Group in a research note on Tuesday, February 12th. They set a “buy” rating and a GBX 290 ($3.79) target price on the stock.

LON STCK traded down GBX 8.50 ($0.11) during trading hours on Tuesday, hitting GBX 230 ($3.01). 127,898 shares of the company traded hands, compared to its average volume of 218,778. Stock Spirits Group has a twelve month low of GBX 184 ($2.40) and a twelve month high of GBX 269 ($3.51). The company has a debt-to-equity ratio of 25.72, a quick ratio of 1.18 and a current ratio of 1.41. The stock has a market capitalization of $464.04 million and a PE ratio of 15.33.

About Stock Spirits Group

Stock Spirits Group PLC produces and distributes branded spirits in Central and Eastern Europe. It offers a range of spirits, including vodka, vodka-based liqueurs, rum, brandy, wines, whisky, gin, herbal bitters, and limoncello. Its primary brands include 1906, Amundsen, Amundsen Expedition, Balsam Bialy, Božkov Vodka, Keglevich Dry, Lubelska Biala Trzy Zboza, Nordic Ice Vodka, Orkisz, Pražská Vodka, Saska, Silver, Spiritis, Stock Prestige, Vodka No.1, Wódka Zubr, and Zoladkowa de Luxe.

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