WhiteWave Foods Co (WWAV) Given Consensus Rating of “Hold” by Analysts
Shares of WhiteWave Foods Co (NYSE:WWAV) have received a consensus rating of “Hold” from the twenty-two analysts that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $56.19.
Separately, Jefferies Group LLC restated a “hold” rating and set a $56.00 target price on shares of WhiteWave Foods in a research note on Friday, April 7th.
WhiteWave Foods (NYSE WWAV) traded up 0.02% on Tuesday, reaching $56.24. The company had a trading volume of 15,843,889 shares. WhiteWave Foods has a 12 month low of $42.73 and a 12 month high of $56.82. The company’s 50 day moving average price is $56.24 and its 200-day moving average price is $55.64.
Hedge funds have recently bought and sold shares of the company. Nationwide Fund Advisors increased its stake in WhiteWave Foods by 0.4% in the first quarter. Nationwide Fund Advisors now owns 295,896 shares of the company’s stock worth $16,615,000 after buying an additional 1,229 shares during the period. Bank of Montreal Can increased its stake in WhiteWave Foods by 30.7% in the first quarter. Bank of Montreal Can now owns 38,846 shares of the company’s stock worth $2,181,000 after buying an additional 9,114 shares during the period. Louisiana State Employees Retirement System increased its stake in WhiteWave Foods by 2.3% in the first quarter. Louisiana State Employees Retirement System now owns 44,800 shares of the company’s stock worth $2,516,000 after buying an additional 1,000 shares during the period. Canada Pension Plan Investment Board increased its stake in WhiteWave Foods by 6.2% in the first quarter. Canada Pension Plan Investment Board now owns 479,829 shares of the company’s stock worth $26,942,000 after buying an additional 27,960 shares during the period. Finally, Russell Investments Group Ltd. acquired a new stake in WhiteWave Foods during the fourth quarter worth $1,943,000. Hedge funds and other institutional investors own 80.60% of the company’s stock.
WARNING: “WhiteWave Foods Co (WWAV) Given Consensus Rating of “Hold” by Analysts” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/06/27/whitewave-foods-co-wwav-given-consensus-rating-of-hold-by-analysts.html.
About WhiteWave Foods
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. It operates through two segments: Americas Foods & Beverages and Europe Foods & Beverages.
Receive News & Ratings for WhiteWave Foods Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WhiteWave Foods Co and related companies with MarketBeat.com's FREE daily email newsletter.