Short Term Price Target on Whitewave Foods Company (The) (WWAV)

Whitewave Foods Company (The) (NYSE:WWAV) : 18 investment research analysts covering Whitewave Foods Company (The) (NYSE:WWAV) have an average price target of $50.56 for the near short term. The highest target price given by the Brokerage Firm to the stock is $58 and the lowest target is $42 for the short term. Analysts expect the variance to be within $4.06 of the average price.

Shares of The WhiteWave Foods Company rose by 0.54% in the last five trading days and 3.99% for the last 4 weeks. The WhiteWave Foods Company is up 12.11% in the last 3-month period. Year-to-Date the stock performance stands at 20.64%. 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) has an average broker rating of 1.28, which is interpreted as a Strong Buy, as rated by 20 equity analysts. Nonetheless, 16 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Whitewave Foods Company (The) (NYSE:WWAV): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.38 and $45.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.94, notching a gain of 3.87% for the day. The total traded volume was 4,044,693 . The stock had closed at $45.19 on the previous day.

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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