Stock Spirits Group PLC’s (STCK) Buy Rating Reaffirmed at Whitman Howard

Whitman Howard reiterated their buy rating on shares of Stock Spirits Group PLC (LON:STCK) in a report issued on Thursday. They currently have a GBX 300 ($3.94) price target on the stock.

Several other analysts have also recently issued reports on the stock. J P Morgan Chase & Co lowered their target price on shares of Stock Spirits Group PLC from GBX 190 ($2.50) to GBX 180 ($2.37) and set a neutral rating on the stock in a research note on Friday, July 7th. Numis Securities Ltd increased their target price on shares of Stock Spirits Group PLC from GBX 200 ($2.63) to GBX 300 ($3.94) and gave the stock a buy rating in a research note on Thursday, October 5th. Finally, Berenberg Bank upgraded shares of Stock Spirits Group PLC to a buy rating and increased their target price for the stock from GBX 174 ($2.29) to GBX 207 ($2.72) in a research note on Thursday, August 10th.

Stock Spirits Group PLC (LON:STCK) traded up 0.20% during midday trading on Thursday, hitting GBX 255.00. 171,509 shares of the stock were exchanged. The firm’s market capitalization is GBX 509.84 million. Stock Spirits Group PLC has a 1-year low of GBX 146.25 and a 1-year high of GBX 263.00. The firm’s 50-day moving average price is GBX 243.45 and its 200 day moving average price is GBX 192.31.

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The company also recently announced a dividend, which was paid on Friday, September 22nd. Shareholders of record on Thursday, August 31st were paid a €0.02 ($0.03) dividend. This represents a yield of 1.23%. The ex-dividend date was Thursday, August 31st.

In other news, insider Miroslaw Stachowicz bought 29,022 shares of the stock in a transaction on Wednesday, August 9th. The shares were acquired at an average cost of GBX 171 ($2.25) per share, for a total transaction of £49,627.62 ($65,247.99).

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.

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