Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 340 ($4.44) price objective on shares of Stock Spirits Group in a research note on Friday, December 7th.
Shares of LON:STCK opened at GBX 220 ($2.87) on Tuesday. Stock Spirits Group has a 12 month low of GBX 155.50 ($2.03) and a 12 month high of GBX 320 ($4.18).
The business also recently declared a dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, February 7th will be paid a €0.06 ($0.07) dividend. This is an increase from Stock Spirits Group’s previous dividend of $0.03. This represents a yield of 2.55%. The ex-dividend date is Thursday, February 7th.
About Stock Spirits Group
Stock Spirits Group PLC produces and distributes branded spirits primarily in Central and Eastern Europe. It offers a range of spirits, including vodka, vodka-based liqueurs, rum, brandy, wines, whisky, gin, herbal bitters, and limoncello under approximately 45 brand names. The company also exports its products to approximately 50 countries.
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