In a report released yesterday, Nik Modi from RBC Capital maintained a Buy rating on UTZ Brands (UTZ – Research Report), with a price target of $19.00. The company’s shares closed yesterday at $18.48.
Modi covers the Consumer Defensive sector, focusing on stocks such as Clorox, Colgate-Palmolive, and Constellation Brands. According to TipRanks, Modi has an average return of 6.5% and a 60.60% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for UTZ Brands with a $19.38 average price target.
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UTZ market cap is currently $2.69B and has a P/E ratio of 92.65.
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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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