Market Overview

UPDATE: Citigroup Initiates SodaStream International at Buy on Momentum

Share:
Related SODA
SodaStream Pops Over $20 Level Then Fizzles Out To Make New All-Time Low
Stocks Hitting 52-Week Lows
Bottom-Digging During Market Tops (Seeking Alpha)

Citigroup initiated coverage on SodaStream International Ltd. (NASDAQ: SODA) with a Buy rating and a $60.00 price target.

Citigroup said, "SODA's growth over the last year has come from new distribution wins, higher household penetration rates and stronger levels of ongoing consumption. While we believe that as the law of larger numbers kick in, SODA's growth will slow (e.g. we model revenue growth slowing from 36% in 2012 to 20% in 2013), we nonetheless expect SODA will be one of the fastest growth stories in our group over the next few years."

SodaStream International closed at $47.00 on Thursday.

Latest Ratings for SODA

DateFirmActionFromTo
Feb 2015CitigroupMaintainsBuy
Feb 2015Deutsche BankMaintainsHold
Feb 2015JP MorganMaintainsNeutral

View More Analyst Ratings for SODA
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Initiation Pre-Market Outlook Analyst Ratings

 

Related Articles (SODA)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→