Whitewave Foods Company (The) (WWAV) : The most positive equity analysts on Whitewave Foods Company (The) (WWAV) expects the shares to touch $60, whereas, the least positive believes that the stock will trade at $42 in the short term. The company is covered by 17 Wall Street Brokerage Firms. The average price target for shares are $53.21 with an expected fluctuation of $5.03 from the mean.
Whitewave Foods Company (The) (WWAV) has seen a shortfall of 1,004,790 shares or 11.1% in the short interest. The remaining shorts are 4.6% of the total floated shares. The net short interest, as on June 30,2016, stood at 8,014,503 shares and the stocks days to cover will be 4 by factoring in the average per day volume of 1,847,884 shares. On June 15,2016, 9,019,293 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Major Brokerage house, Atlantic Equities downgrades its ratings on Whitewave Foods Company (The) (NYSE:WWAV). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on July 8, 2016.
Whitewave Foods Company (The) (NYSE:WWAV): On Thursdays trading session , Opening price of the stock was $56.05 with an intraday high of $56.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $55.96. However, the stock managed to close at $56, a loss of 0.25% for the day. On the previous day, the stock had closed at $56.14. The total traded volume of the day was 3,532,397 shares.
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.