In a report released today, Robert Dickerson from Jefferies maintained a Buy rating on Whole Earth Brands (FREE), with a price target of $22.00. The company’s shares closed last Thursday at $13.25, close to its 52-week high of $14.06.
According to TipRanks.com, Dickerson is a 3-star analyst with an average return of 8.0% and a 65.0% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as The Simply Good Foods Company, Mondelez International, and Lamb Weston Holdings.
Currently, the analyst consensus on Whole Earth Brands is a Strong Buy with an average price target of $18.33, which is a 38.3% upside from current levels. In a report issued on January 28, Roth Capital also initiated coverage with a Buy rating on the stock with a $17.00 price target.
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The company has a one-year high of $14.06 and a one-year low of $6.92. Currently, Whole Earth Brands has an average volume of 466.8K.
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Act II Global Acquisition Corp. is a blank check company. It intends to focus on the business of following sector: consumer packaged goods, consumables and hospitality including restaurants. The company was founded on August 16, 2018 and is headquartered in New York, NY.
