Stock Spirits Group PLC (STCK) Hits New 1-Year High on Analyst Upgrade
Stock Spirits Group PLC (LON:STCK) shares reached a new 52-week high on Wednesday after Whitman Howard raised their price target on the stock from GBX 240 to GBX 300. Whitman Howard currently has a buy rating on the stock. Stock Spirits Group PLC traded as high as GBX 247 ($3.19) and last traded at GBX 245.50 ($3.17), with a volume of 259,747 shares traded. The stock had previously closed at GBX 243.50 ($3.14).
STCK has been the topic of a number of other research reports. Berenberg Bank upgraded Stock Spirits Group PLC to a “buy” rating and upped their target price for the stock from GBX 174 ($2.25) to GBX 207 ($2.67) in a report on Thursday, August 10th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 190 ($2.45) target price on shares of Stock Spirits Group PLC in a report on Wednesday, May 24th. Finally, Numis Securities Ltd upgraded Stock Spirits Group PLC to a “buy” rating and set a GBX 200 ($2.58) target price on the stock in a report on Wednesday, August 9th.
In other news, insider Miroslaw Stachowicz bought 29,022 shares of Stock Spirits Group PLC stock in a transaction on Wednesday, August 9th. The shares were purchased at an average price of GBX 171 ($2.21) per share, for a total transaction of £49,627.62 ($64,093.53).
The company’s market cap is GBX 490.84 million. The firm has a 50 day moving average of GBX 205.68 and a 200-day moving average of GBX 182.28.
The business also recently declared a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 31st will be paid a dividend of €0.02 ($0.03) per share. This represents a dividend yield of 1.23%. The ex-dividend date is Thursday, August 31st.
ILLEGAL ACTIVITY NOTICE: This article was originally published by Daily Political and is the property of of Daily Political. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/09/13/stock-spirits-group-plc-stck-hits-new-1-year-high-on-analyst-upgrade.html.
About Stock Spirits Group PLC
Stock Spirits Group PLC is a United Kingdom-based spirits company. The Company, together with its subsidiaries, is involved in the production and distribution of branded spirits in Central and Eastern Europe. It operates through five segments: Poland, Czech Republic, Italy, Other Operational and Corporate.
Receive News & Ratings for Stock Spirits Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stock Spirits Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.