Analyst Rating Update on Whitewave Foods Company (The) (WWAV)

Whitewave Foods Company (The) (NYSE:WWAV) : 20 analysts are covering Whitewave Foods Company (The) (NYSE:WWAV) and their average rating on the stock is 1.28, which is read as a Strong Buy. 16 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Whitewave Foods Company (The) (NYSE:WWAV) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Whitewave Foods Company (The) (NYSE:WWAV) : The most positive equity analysts on Whitewave Foods Company (The) (NYSE:WWAV) expects the shares to touch $58, whereas, the least positive believes that the stock will trade at $42 in the short term. The company is covered by 18 Wall Street Brokerage Firms. The average price target for shares are $50.56 with an expected fluctuation of $4.06 from the mean.

For the current week, the company shares have a recommendation consensus of Buy. Also, Wunderlich maintains its rating on Whitewave Foods Company (The) (NYSE:WWAV). The global brokerage major raises the current price target from $39 per share to $42 per share. Analysts at the Wunderlich have a current rating of Hold on the shares. The rating by the firm was issued on May 18, 2016.

Whitewave Foods Company (The) (NYSE:WWAV): stock turned positive on Tuesday. Though the stock opened at $43.8, the bulls momentum made the stock top out at $44.74 level for the day. The stock recorded a low of $43.71 and closed the trading day at $44.16, in the green by 1.89%. The total traded volume for the day was 1,676,189. The stock had closed at $43.34 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Engles Gregg L, director officer (Chairman and CEO) of Whitewave Foods Co, had unloaded 25,000 shares at an average price of $40.22 in a transaction dated on March 3, 2016. The total value of the transaction was worth $1,005,500.

The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce across North America and Europe. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. It is engaged in the manufacturing, marketing, distribution and sale of plant-based beverages in China. In North America, it distributes the brands, including Silk and So Delicious plant-based foods and beverages; International Delight and LAND O LAKES coffee creamers and beverages; Horizon Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. Its plant-based foods and beverages brands in Europe include Alpro and Provamel. It sells its plant-based beverages in China under the Silk ZhiPuMoFang brand. In addition, it also offers the Vega brand, which includes plant-based nutrition products.

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