Barclays Believes UTZ Brands (UTZ) Still Has Room to Grow

Barclays analyst Andrew Lazar maintained a Buy rating on UTZ Brands (UTZ) on April 16 and set a price target of $29.00. The company’s shares closed last Friday at $25.65, close to its 52-week high of $26.80.

According to, Lazar is a 4-star analyst with an average return of 9.2% and a 68.1% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, TreeHouse Foods, and Hain Celestial.

Currently, the analyst consensus on UTZ Brands is a Moderate Buy with an average price target of $27.43, implying a 6.8% upside from current levels. In a report issued on April 7, Piper Sandler also reiterated a Buy rating on the stock with a $28.00 price target.

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The company has a one-year high of $26.80 and a one-year low of $15.98. Currently, UTZ Brands has an average volume of 567.7K.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UTZ in relation to earlier this year.

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Collier Creek Holdings is a blank check company, which engages in effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Roger K. Deromedi, Jason K. Giordano, and Chinh E. Chu on April 30, 2018 and is headquartered in New York, NY.

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