Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on Vita Coco Company (COCO – Research Report) today. The company’s shares closed yesterday at $23.37.
According to TipRanks, Herzog is a 4-star analyst with an average return of 2.8% and a 52.21% success rate. Herzog covers the Consumer Defensive sector, focusing on stocks such as Philip Morris, Molson Coors, and Altria Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vita Coco Company with a $29.50 average price target.
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The company has a one-year high of $33.29 and a one-year low of $7.39. Currently, Vita Coco Company has an average volume of 691.8K.
Based on the recent corporate insider activity of 31 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 COCO 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.
Vita Coco Company (COCO) Company Description:
The Vita Coco Co Inc is a plant-based functional hydration platform. Its products include Vita Coco Coconut Water, Private Label including coconut water and oil, and Other including Runa and Ever & Ever product offerings, Vita Coco product extensions beyond coconut water, such as Vita Coco Sparkling, coconut milk products, and others.
Read More on COCO:
- The Vita Coco Company Reports Third Quarter 2023 Financial Results
- Vita Coco has a ‘weak,’ ‘unethical’ supply chain, says Ragnarok Research
- The Vita Coco Company to Report Third Quarter 2023 Financial Results on October 31, 2023
- Vita Coco price target lowered to $29 from $32 at BofA
- Vita Coco initiated with an Equal Weight at Morgan Stanley
