Whole Earth Brands (NASDAQ:FREE) PT Lowered to $11.00 at Cowen

Whole Earth Brands (NASDAQ:FREEGet Rating) had its price objective decreased by Cowen from $14.00 to $11.00 in a research report sent to investors on Monday morning, Stock Target Advisor reports.

Other equities research analysts have also recently issued research reports about the stock. Cowen lowered their price target on shares of Whole Earth Brands from $14.00 to $11.00 in a research report on Monday. Canaccord Genuity Group dropped their target price on Whole Earth Brands from $10.00 to $8.00 and set a buy rating on the stock in a research report on Thursday, November 10th. Finally, TheStreet lowered shares of Whole Earth Brands from a c- rating to a d+ rating in a research note on Monday, August 29th.

Whole Earth Brands Stock Up 4.9 %

Shares of NASDAQ FREE opened at $3.85 on Monday. Whole Earth Brands has a 52-week low of $3.00 and a 52-week high of $12.03. The firm has a market capitalization of $161.62 million, a price-to-earnings ratio of 128.38 and a beta of 0.41. The stock has a 50 day moving average price of $3.63 and a 200 day moving average price of $5.21. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.14 and a current ratio of 3.68.

Hedge Funds Weigh In On Whole Earth Brands

Several hedge funds and other institutional investors have recently modified their holdings of FREE. Steward Partners Investment Advisory LLC grew its position in Whole Earth Brands by 27.6% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 7,161 shares of the company’s stock worth $51,000 after purchasing an additional 1,548 shares during the last quarter. Wilson Asset Management International PTY Ltd. acquired a new position in shares of Whole Earth Brands in the 1st quarter valued at $2,000,000. Pacific Ridge Capital Partners LLC lifted its position in Whole Earth Brands by 29.9% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 1,106,128 shares of the company’s stock worth $7,920,000 after acquiring an additional 254,431 shares during the period. Systematic Financial Management LP lifted its position in Whole Earth Brands by 4.8% during the 1st quarter. Systematic Financial Management LP now owns 1,110,743 shares of the company’s stock worth $7,953,000 after acquiring an additional 51,161 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in Whole Earth Brands by 84.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 18,450 shares of the company’s stock valued at $132,000 after purchasing an additional 8,450 shares during the last quarter. 80.19% of the stock is owned by hedge funds and other institutional investors.

Whole Earth Brands Company Profile

(Get Rating)

Whole Earth Brands, Inc operates as a food company worldwide. It operates through two segments, Branded CPG and Flavors & Ingredients. The Branded CPG segment focuses on building a branded portfolio serving consumers seeking zero-calorie, low-calorie, natural, no-sugar added, and plant-based products.

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