What 4 Analyst Ratings Have To Say About Vita Coco
Portfolio Pulse from Benzinga Insights
Vita Coco (NASDAQ:COCO) has received 4 analyst ratings in the last quarter, with an average 12-month price target of $31.5, a high of $35.00, and a low of $29.00. The current average price target has decreased by 1.56% from the previous average of $32.00. The ratings include 1 bullish, 1 somewhat bullish, and 2 indifferent, indicating a mixed but slightly positive outlook from analysts.
November 13, 2023 | 2:00 pm
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Vita Coco has a mixed set of analyst ratings but maintains a slightly positive average price target of $31.5, despite a slight decrease from the previous target.
The mixed analyst ratings with a majority leaning towards bullish and somewhat bullish suggest a cautiously optimistic sentiment. However, the decrease in the average price target and the presence of indifferent ratings indicate uncertainty, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100