DALLAS--(BUSINESS WIRE)--SIPP Industries Inc. (Pink Sheets: SIPC - News) has been rated Speculative Buy with a price target of $1.35 by Beacon Equity Research Analyst, Victor Sula, Ph.D.
The full report is available at http://www.BeaconEquity.com.
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In the report, the analyst writes, “We believe SIPC warrants a valuation at the high end of the peer group range because of its new Fling™ and Private Reserves product lines, unique competitive positioning, established strategic partnerships and participation through its Private Reserves line in the fast-growing premium distilled spirits segment … The Company’s growth will depend on the success of its marketing strategy, its competitive positioning, consumer acceptance of its new product lines and SIPC’s ability to manage increased sales and distribution.”
Other companies in the alcoholic beverage manufacturing and distribution sector include Drinks Americas Holdings Ltd. (OTCBB: DKAM - News), Anheuser-Busch Companies (NYSE: BUD - News), Diageo Plc. (NYSE: DEO - News) and Central European Distribution Corp. (Nasdaq: CEDC - News).
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of SIPP Industries (SIPC). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. BER and its affiliates have been compensated a total of seven thousand five hundred dollars from Atlas Corp. for the enrollment of SIPC in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
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