Roth Capital Reiterates Buy On Inventure Foods Shares, $15 PT
In a research report issued today, Roth Capital analyst Anton Brenner reiterated a Buy rating on Inventure Foods (NASDAQ:SNAK) with a price target of $15.00, which represents a potential upside of 13% from where the stock is currently trading.
Brenner noted, “We look for ongoing profit margin improvement over the next several years, and we anticipate sustained double-digit income growth. Given the reasonable current valuation, we would accumulate the stock at current price levels.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Anton Brenner has a total average return of 10.5% and a 62.9% success rate. Brenner has a 12.2% average return when recommending SNAK, and is ranked #585 out of 3354 analysts.