In a report released today, Sarang Vora from Telsey Advisory reiterated a Buy rating on Westrock Coffee (WEST – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $11.69.
Vora covers the Consumer Goods sector, focusing on stocks such as BRC, Westrock Coffee, and Sovos Brands. According to TipRanks, Vora has an average return of -14.7% and a 28.57% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Westrock Coffee with a $14.67 average price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $14.71 and a one-year low of $9.34. Currently, Westrock Coffee has an average volume of 152.7K.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WEST in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Riverview Acquisition Corp is a blank check company.
Read More on WEST:
