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

Whitewave Foods Company (The) (WWAV) : 16 brokerage houses believe that Whitewave Foods Company (The) (WWAV) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Whitewave Foods Company (The) (WWAV). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 20 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.28.

Whitewave Foods Company (The) (WWAV) : 18 investment research analysts covering Whitewave Foods Company (The) (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.

Whitewave Foods Company (The) (NYSE:WWAV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.50 and $46.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.43, notching a gain of 0.94% for the day. The total traded volume was 2,943,316 . The stock had closed at $46.99 on the previous day.

Also, Wunderlich maintains its view on Whitewave Foods Company (The) (NYSE:WWAV) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Wunderlich raises the price target from $39 per share to $42 per share on Whitewave Foods Company (The). The rating by the firm was issued on May 18, 2016. The company shares have dropped -4.28% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $52.53 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $45.24 and the 200 Day Moving Average price is recorded at $40.57.

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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