Susquehanna Bancshares Inc reissued their positive rating on shares of SodaStream International Ltd. (NASDAQ:SODA) in a research report released on Tuesday. They currently have a $90.00 price target on the stock, up from their previous price target of $88.00.

A number of other brokerages have also recently weighed in on SODA. ValuEngine cut shares of SodaStream International from a buy rating to a hold rating in a report on Monday, October 2nd. Zacks Investment Research upgraded shares of SodaStream International from a hold rating to a buy rating and set a $70.00 target price for the company in a report on Tuesday, August 8th. Jefferies Group LLC restated a hold rating and set a $55.00 target price on shares of SodaStream International in a report on Thursday, August 31st. BidaskClub upgraded shares of SodaStream International from a hold rating to a buy rating in a report on Friday, August 25th. Finally, UBS AG upgraded shares of SodaStream International from a neutral rating to a positive rating in a report on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $63.50.

Shares of SodaStream International (SODA) opened at 61.58 on Tuesday. SodaStream International has a one year low of $23.77 and a one year high of $67.75. The firm has a 50-day moving average price of $61.07 and a 200-day moving average price of $55.98. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 22.82 and a beta of 1.22.

SodaStream International (NASDAQ:SODA) last issued its earnings results on Wednesday, August 2nd. The company reported $0.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.13. The firm had revenue of $130.60 million during the quarter, compared to analysts’ expectations of $129.33 million. SodaStream International had a net margin of 11.89% and a return on equity of 14.86%. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the firm posted $0.37 earnings per share. Analysts anticipate that SodaStream International will post $2.75 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This article was first posted by Daily Political and is owned by of Daily Political. If you are viewing this article on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The original version of this article can be viewed at https://www.dailypolitical.com/2017/10/14/sodastream-international-ltd-soda-given-positive-rating-at-susquehanna-bancshares-inc.html.

Several large investors have recently modified their holdings of the stock. Lord Abbett & CO. LLC lifted its position in shares of SodaStream International by 589.3% in the 2nd quarter. Lord Abbett & CO. LLC now owns 397,956 shares of the company’s stock valued at $21,298,000 after acquiring an additional 340,223 shares in the last quarter. Navellier & Associates Inc lifted its position in shares of SodaStream International by 1.7% in the 2nd quarter. Navellier & Associates Inc now owns 26,995 shares of the company’s stock valued at $1,445,000 after acquiring an additional 448 shares in the last quarter. Wasatch Advisors Inc. lifted its position in shares of SodaStream International by 260.0% in the 2nd quarter. Wasatch Advisors Inc. now owns 81,000 shares of the company’s stock valued at $4,335,000 after acquiring an additional 58,500 shares in the last quarter. Scotia Capital Inc. lifted its position in shares of SodaStream International by 36.9% in the 2nd quarter. Scotia Capital Inc. now owns 44,955 shares of the company’s stock valued at $2,406,000 after acquiring an additional 12,125 shares in the last quarter. Finally, Private Advisory Group LLC lifted its position in shares of SodaStream International by 36.2% in the 2nd quarter. Private Advisory Group LLC now owns 6,906 shares of the company’s stock valued at $370,000 after acquiring an additional 1,834 shares in the last quarter. Institutional investors and hedge funds own 47.71% of the company’s stock.

About SodaStream International

SodaStream International Ltd. is a sparkling water company. The Company manufactures, distributes and sells home beverage carbonation systems, which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The Company’s segments include The Americas, Western Europe, Asia-Pacific, and Central and Eastern Europe, Middle East and Africa (CEMEA).

Receive News & Ratings for SodaStream International Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SodaStream International Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.