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An update from Innovation Beverage Group Ltd. ( (IBG) ) is now available.
On May 5, 2025, Innovation Beverage Group Ltd announced that its Australian Bitters Company and BITTERTALES brands won four gold medals at the Los Angeles International Spirits Competition held from April 1-3, 2025. This recognition, particularly in the Best of Class category, is expected to enhance IBG’s marketing efforts and brand recognition in the U.S., where the company is expanding its distribution. The awards will provide significant exposure at the LA County Fair, potentially boosting sales and solidifying IBG’s position in the bitters market.
The most recent analyst rating on (IBG) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Innovation Beverage Group Ltd. stock, see the IBG Stock Forecast page.
More about Innovation Beverage Group Ltd.
Innovation Beverage Group Ltd (IBG) is a developer, manufacturer, marketer, exporter, and retailer of a diverse beverage portfolio comprising 60 formulations across 13 alcoholic and non-alcoholic brands. Focused on premium and super premium market categories, IBG aims to disrupt traditional brands with its offerings, which include Australian Bitters, BITTERTALES, Drummerboy Spirits, and Twisted Shaker. Established in 2018, the company is headquartered in Sydney, Australia, with a U.S. sales office in California.
Average Trading Volume: 4,147,059
Technical Sentiment Signal: Strong Buy
For a thorough assessment of IBG stock, go to TipRanks’ Stock Analysis page.