Market Overview

Roth Suggests Buying the Dip in SodaStream, Says Coke, Pepsi Rumors Were Never Probable


Roth Capital's Tony Brenner issued a mid-day research note on SodaStream (NASDAQ: SODA) Tuesday suggesting investors use "any price weakness here as an attractive buying opportunity."

The analyst's note comes in response to recent speculation the company will not be acquired by Coke (NYSE: KO) or Pepsi (NYSE: PEP). According to Brenner, "such a transaction never made sense" and was viewed by Roth as "highly improbable."

While Brenner shrugged at an outright purchase by Coca-Cola or Pepsi, he said he "would not be shocked should other consumer companies be interested in such an acquisition. However, no other names have surfaced..."

Instead, Brenner pointed to "significant organic growth potential" for SodaStream. The analyst noted added "retailer penetration, alliances with appliance makers Samsung and KitchenAid, potential expansion into the away-from-home office and foodservice markets, and continuing international expansion" possibly leading to 25-plus percent annual income growth.

Brenner maintains a Buy rating and $75 price target on shares of SodaStream.

SodaStream shares are down 5.3 percent to $61.87 at last check.

Latest Ratings for SODA

Aug 2018B. Riley FBRDowngradesBuyNeutral
Aug 2018SusquehannaMaintainsPositivePositive
Aug 2018B. Riley FBRMaintainsBuyBuy

View More Analyst Ratings for SODA
View the Latest Analyst Ratings


Related Articles (SODA)

View Comments and Join the Discussion!

Posted-In: Analyst Color M&A News Rumors Analyst Ratings Movers

Latest Ratings

BANRJanney CapitalDowngrades
PPGDeutsche BankMaintains160.0
DDDeutsche BankMaintains94.0
ALNYBMO CapitalDowngrades185.0
MXIMDeutsche BankMaintains101.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at