HSBC assumed coverage on shares of Stock Spirits Group (LON:STCK) in a report issued on Tuesday. The brokerage issued a buy rating and a GBX 290 ($3.79) price target on the stock.
A number of other analysts also recently commented on the company. Berenberg Bank reaffirmed a buy rating on shares of Stock Spirits Group in a research report on Tuesday, January 15th. JPMorgan Chase & Co. downgraded Stock Spirits Group to a neutral rating and increased their price target for the company from GBX 220 ($2.87) to GBX 230 ($3.01) in a research report on Friday, February 1st. Finally, Numis Securities reaffirmed a buy rating and set a GBX 320 ($4.18) price target on shares of Stock Spirits Group in a research report on Tuesday, January 8th.
Get Stock Spirits Group alerts:Shares of STCK opened at GBX 224 ($2.93) on Tuesday. Stock Spirits Group has a 12 month low of GBX 155.50 ($2.03) and a 12 month high of GBX 320 ($4.18).
The firm also recently declared a dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 7th will be given a dividend of €0.06 ($0.07) per share. This represents a dividend yield of 2.55%. This is an increase from Stock Spirits Group’s previous dividend of $0.03. The ex-dividend date is Thursday, February 7th.
About Stock Spirits Group
Stock Spirits Group PLC produces and distributes branded spirits primarily 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 under approximately 45 brand names. The company also exports its products to approximately 50 countries.
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