Splash Beverage Group (NYSEAMERICAN:SBEV – Free Report) had its target price cut by HC Wainwright from $1.00 to $0.50 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.
Separately, Roth Mkm reaffirmed a “buy” rating and set a $1.00 target price on shares of Splash Beverage Group in a report on Tuesday, September 3rd.
Check Out Our Latest Stock Report on SBEV
Splash Beverage Group Stock Performance
Hedge Funds Weigh In On Splash Beverage Group
An institutional investor recently raised its position in Splash Beverage Group stock. Choreo LLC boosted its holdings in Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV – Free Report) by 4,390.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,365,599 shares of the company’s stock after acquiring an additional 1,335,185 shares during the quarter. Choreo LLC owned 2.63% of Splash Beverage Group worth $343,000 at the end of the most recent quarter. 5.77% of the stock is currently owned by hedge funds and other institutional investors.
Splash Beverage Group Company Profile
Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.
Recommended Stories
- Five stocks we like better than Splash Beverage Group
- How to Use High Beta Stocks to Maximize Your Investing Profits
- The Latest 13F Filings Are In: See Where Big Money Is Flowing
- Using the MarketBeat Dividend Yield Calculator
- 3 Penny Stocks Ready to Break Out in 2025
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential
Receive News & Ratings for Splash Beverage Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Splash Beverage Group and related companies with MarketBeat.com's FREE daily email newsletter.