Wednesday, December 7th | 7 Kislev 5777

Close

Be in the know!

Get our exclusive daily news briefing.

Subscribe
June 6, 2013 12:22 pm

SodaStream, Target of BDS Boycotters, Skyrockets

avatar by Zach Pontz

Email a copy of "SodaStream, Target of BDS Boycotters, Skyrockets" to a friend

Sodastream system. Photo: Wikipedia

Israeli home carbonation king SodaStream got a big boost Monday when Barclays raised the firm’s price target on the stock to $100 per share, up from $55. The company’s stock shot up 8% on the news. Shares of SodaStream are up almost 28% over the past month and 54% year to date in 2013, according to Dailyfinance.com.

The at-home beverage maker has often been the target of anti-Israel boycotts, but that doesn’t seem to be slowing down its growth and popularity.

Globes reported Thursday that both Pepsi and Coca-Cola were in talks with Sodastream about possible acquisition or strategic co-operation.

Related coverage

December 6, 2016 2:24 pm
0

Israeli Education Minister Says Outpost Bill Paves Way for West Bank Annexation

JNS.org - Israeli Education Minister Naftali Bennett, leader of the Jewish Home party, hailed the preliminary passage of a controversial bill to...

However, PepsiCo CEO Indra Nooyi denied the claims.

According to Globes, SodaSteam exports products to 45 countries. The company saw revenue rise 55% in 2012 to $440 million, for a profit of $50 million.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner
  • I am going to buy a Soda Stream today.

  • Harold

    Great. That will give the fools in Brighton a poke in the eye

  • geoff

    One in the eye for the boycotters! Preferably with Sodastream!

  • Vicki Coghlan

    It’s time Schweppes get there backsides whipped by Soda Stream! Love Soda Stream, Love Israel!! 🙂

  • Carol

    Wonderful. Thanks for the good news!

Algemeiner.com