In a report released yesterday, Andrew Lazar from Barclays assigned a Buy rating to UTZ Brands (UTZ – Research Report), with a price target of $18.00. The company’s shares closed yesterday at $18.19.
According to TipRanks, Lazar is a 4-star analyst with an average return of 6.3% and a 61.05% success rate. Lazar covers the Consumer Defensive sector, focusing on stocks such as McCormick & Company, Mondelez International, and BellRing Brands.
In addition to Barclays, UTZ Brands also received a Buy from TD Cowen’s Robert Moskow in a report issued on January 31. However, on the same day, Bank of America Securities reiterated a Hold rating on UTZ Brands (NYSE: UTZ).
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The company has a one-year high of $18.89 and a one-year low of $11.13. Currently, UTZ Brands has an average volume of 839.1K.
Based on the recent corporate insider activity of 20 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.
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.
UTZ Brands (UTZ) Company Description:
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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