BidaskClub upgraded shares of National Beverage (NASDAQ:FIZZ) from a hold rating to a buy rating in a research note issued to investors on Tuesday.
Other research analysts also recently issued research reports about the company. Susquehanna Bancshares set a $150.00 target price on National Beverage and gave the company a buy rating in a report on Monday, December 4th. Maxim Group increased their target price on National Beverage from $40.00 to $45.00 and gave the stock a sell rating in a research report on Friday, March 9th. Finally, Credit Suisse Group reiterated a sell rating on shares of National Beverage in a research report on Friday, December 8th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $91.67.
FIZZ stock traded down $0.29 during trading on Tuesday, reaching $88.46. The stock had a trading volume of 156,286 shares, compared to its average volume of 303,763. National Beverage has a 52 week low of $81.65 and a 52 week high of $129.82. The company has a market cap of $4,126.27, a price-to-earnings ratio of 29.03 and a beta of 0.93.
Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its position in shares of National Beverage by 10.1% during the 4th quarter. Jane Street Group LLC now owns 5,619 shares of the company’s stock valued at $548,000 after acquiring an additional 517 shares during the period. American International Group Inc. lifted its holdings in shares of National Beverage by 8.1% during the 3rd quarter. American International Group Inc. now owns 7,875 shares of the company’s stock worth $977,000 after acquiring an additional 589 shares during the period. Renaissance Group LLC lifted its holdings in shares of National Beverage by 17.8% during the 4th quarter. Renaissance Group LLC now owns 4,033 shares of the company’s stock worth $393,000 after acquiring an additional 610 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of National Beverage by 23.2% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,944 shares of the company’s stock worth $384,000 after acquiring an additional 743 shares during the period. Finally, Aperio Group LLC lifted its holdings in shares of National Beverage by 13.2% during the 4th quarter. Aperio Group LLC now owns 6,446 shares of the company’s stock worth $628,000 after acquiring an additional 753 shares during the period. Hedge funds and other institutional investors own 23.66% of the company’s stock.
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About National Beverage
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of flavored beverage products in North America and internationally. The company offers beverages to the active and health-conscious consumers, including sparkling waters under the LaCroix, LaCroix Cúrate, LaCroix NiCola, and Shasta Sparkling Water brand names; energy drinks and shots under the Rip It brand name; juice and juice-based products under the Everfresh, Everfresh Premier Varietals, and Mr.
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