JPMorgan Chase & Co. Reaffirms Overweight Rating for Stock Spirits Group (STCK)

Stock Spirits Group (LON:STCK)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a report issued on Wednesday, January 10th. They presently have a GBX 320 ($4.49) price target on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 8.84% from the stock’s current price.

Several other equities analysts have also issued reports on the stock. Whitman Howard reissued a “buy” rating and issued a GBX 300 ($4.21) price target on shares of Stock Spirits Group in a report on Thursday, October 12th. Numis Securities increased their price target on shares of Stock Spirits Group from GBX 200 ($2.81) to GBX 300 ($4.21) and gave the company a “buy” rating in a report on Thursday, October 5th.

Stock Spirits Group (LON STCK) traded down GBX 5 ($0.07) during trading hours on Wednesday, hitting GBX 294 ($4.13). 137,581 shares of the stock were exchanged, compared to its average volume of 234,310. Stock Spirits Group has a 52 week low of GBX 155.50 ($2.18) and a 52 week high of GBX 320 ($4.49). The company has a market capitalization of $587.09 and a PE ratio of 2,100.00.

In related news, insider Paul Bal purchased 10,000 shares of the stock in a transaction on Tuesday, January 9th. The shares were purchased at an average cost of GBX 267 ($3.75) per share, with a total value of £26,700 ($37,494.73).

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About Stock Spirits Group

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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