National Beverage Corp. (FIZZ) was Initiated by Credit Suisse to “Neutral” and the brokerage firm has set the Price Target at $55. Credit Suisse advised their investors in a research report released on Sep 16, 2016.
National Beverage Corp. opened for trading at $51.96 and hit $53.08 on the upside on Wednesday, eventually ending the session at $52.35, with a gain of 0.40% or 0.21 points. The heightened volatility saw the trading volume jump to 232,598 shares. Company has a market cap of $2,437 M.
In a different news, on Sep 25, 2015, Cecil D Conlee (director) purchased 1,600 shares at $28.38 per share price.
National Beverage Corp. (National Beverage) is a holding company. The Company is engaged in the development manufacturing marketing and sale of a portfolio of flavored beverage products. The Company’s primary market focus is the United States and its products are also distributed in Canada Mexico the Caribbean Latin America the Pacific Rim Asia and Europe. The Company’s brands include beverages for the active and health-conscious consumer (Power+ Brands) including sparkling waters energy drinks and shots juices and enhanced beverages and carbonated soft drinks in a variety of flavors including regular sugar-free and reduced-calorie options. In addition the Company produces soft drinks for certain retailers such as allied brands. The Company’s non-alcoholic beverage products include sparkling waters spring water enhanced water energy drinks and shots functional beverages and sports drinks juice and juice drinks teas and lemonades and carbonated soda.