National Beverage (FIZZ) Stock Rating Upgraded by BidaskClub
National Beverage (NASDAQ:FIZZ) was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Friday.
Separately, Zacks Investment Research raised National Beverage from a “sell” rating to a “hold” rating in a research note on Tuesday, August 14th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $106.00.
NASDAQ:FIZZ opened at $116.93 on Friday. The company has a market capitalization of $5.18 billion, a PE ratio of 36.66 and a beta of 0.94. National Beverage has a 1 year low of $83.78 and a 1 year high of $129.82.
Hedge funds have recently modified their holdings of the stock. Aviance Capital Management LLC bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $171,000. SG Americas Securities LLC bought a new stake in shares of National Beverage during the 1st quarter worth approximately $147,000. Engineers Gate Manager LP bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $208,000. Xact Kapitalforvaltning AB bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $212,000. Finally, DRW Securities LLC bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $235,000. 23.44% of the stock is owned by hedge funds and other institutional investors.
About National Beverage
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.
Further Reading: Closed-End Mutual Funds (CEFs)
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