Innovation Beverage Group (NASDAQ:IBG) Coverage Initiated at Litchfield Hills Research

Litchfield Hills Research assumed coverage on shares of Innovation Beverage Group (NASDAQ:IBG) in a report released on Thursday morning, Marketbeat reports. The brokerage issued a buy rating on the stock.

Innovation Beverage Group Stock Down 5.1 %

Shares of IBG stock opened at $1.11 on Thursday. Innovation Beverage Group has a 52-week low of $0.60 and a 52-week high of $3.35.

About Innovation Beverage Group

Innovation Beverage Group (formerly Australian Boutique Spirits) is an award-winning distillery that produces a variety of brands in-house and imports global brands to sell exclusively to the Australian market through bevmart.com.au. It was recently recognized as the Australian Liqueur Distillery of the year by the Melbourne International Spirits Competition.