National Beverage (NASDAQ:FIZZ) had its price objective hoisted by Maxim Group from $40.00 to $45.00 in a research report report published on Friday morning, Marketbeat.com reports. They currently have a sell rating on the stock.
Other research analysts have also issued research reports about the company. Susquehanna Bancshares set a $160.00 price objective on National Beverage and gave the stock a buy rating in a report on Sunday, December 10th. BidaskClub raised National Beverage from a hold rating to a buy rating in a report on Saturday, December 2nd. UBS Group raised National Beverage from a neutral rating to a positive rating in a report on Monday, November 20th. Finally, Credit Suisse Group reaffirmed a sell rating on shares of National Beverage in a report on Friday, December 8th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. National Beverage has an average rating of Hold and an average target price of $100.00.
National Beverage (NASDAQ FIZZ) opened at $91.41 on Friday. The stock has a market capitalization of $4,260.00, a P/E ratio of 30.99 and a beta of 0.84. National Beverage has a twelve month low of $71.03 and a twelve month high of $129.82.
A number of hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC grew its holdings in National Beverage by 10.1% during the fourth quarter. Jane Street Group LLC now owns 5,619 shares of the company’s stock worth $548,000 after acquiring an additional 517 shares during the period. American International Group Inc. grew its holdings in National Beverage by 8.1% in the third quarter. American International Group Inc. now owns 7,875 shares of the company’s stock valued at $977,000 after purchasing an additional 589 shares during the last quarter. Renaissance Group LLC grew its holdings in National Beverage by 17.8% in the fourth quarter. Renaissance Group LLC now owns 4,033 shares of the company’s stock valued at $393,000 after purchasing an additional 610 shares during the last quarter. Victory Capital Management Inc. grew its holdings in National Beverage by 8.2% in the third quarter. Victory Capital Management Inc. now owns 8,447 shares of the company’s stock valued at $1,048,000 after purchasing an additional 637 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. grew its holdings in National Beverage by 23.2% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,944 shares of the company’s stock valued at $384,000 after purchasing an additional 743 shares during the last quarter. 23.66% of the stock is currently owned by hedge funds and other institutional investors.
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About National Beverage
National Beverage Corp. is a holding company. The Company develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. The Company’s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands), including sparkling waters, energy drinks and juices, and carbonated soft drinks in a range of flavors, including regular, sugar-free and reduced calorie options.
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