National Beverage (NASDAQ:FIZZ) Price Target Cut to $34.00
National Beverage (NASDAQ:FIZZ) had its price objective lowered by Jefferies Financial Group from $45.00 to $34.00 in a report issued on Wednesday morning, The Fly reports. Jefferies Financial Group currently has an underperform rating on the stock. Jefferies Financial Group also issued estimates for National Beverage’s FY2020 earnings at $2.58 EPS, FY2021 earnings at $2.28 EPS and FY2022 earnings at $2.16 EPS.
A number of other equities analysts also recently issued reports on FIZZ. Guggenheim downgraded shares of National Beverage from a neutral rating to a sell rating and cut their price target for the company from $72.00 to $45.00 in a report on Friday, March 8th. Maxim Group reiterated a sell rating and issued a $45.00 price target on shares of National Beverage in a report on Friday, March 8th. BidaskClub downgraded shares of National Beverage from a sell rating to a strong sell rating in a report on Friday, March 22nd. TheStreet downgraded shares of National Beverage from a b- rating to a c+ rating in a report on Tuesday, April 2nd. Finally, UBS Group cut their price target on shares of National Beverage to $50.00 and set a positive rating for the company in a report on Monday, April 15th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $70.16.
Shares of FIZZ opened at $44.59 on Wednesday. The stock has a market capitalization of $2.08 billion, a PE ratio of 13.98, a P/E/G ratio of 8.81 and a beta of 1.41. National Beverage has a 52-week low of $42.49 and a 52-week high of $127.32.
National Beverage Company Profile
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.
Recommended Story: Front-End Load
Receive News & Ratings for National Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Beverage and related companies with MarketBeat.com's FREE daily email newsletter.