Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

WhiteWave Foods Co (WWAV) Likely to be Acquired by Beverage Company, Price Target Up

WhiteWave Foods Co (NYSE:WWAV) and their collection of plant-based and organic products are a likely takeover target according to a research report released this morning by analysts at Stifel Nicolaus. Analyst Jim Cramer briefly discussed the report on CNBC this morning.

The WhiteWave Foods Co (NYSE:WWAV)

“Stifel suggests that Whitewave, WWAV, a stock I like very much, we’ve had Gregg Engles (WhiteWave Foods Co (NYSE:WWAV)’s Chairman and CEO) on the show; will be taken over, by a beverage company. They do plant-based beverages, whoever buys them will instantly become a lot more natural and organic,” Cramer said.

Along with the report, Stifel upgraded their price target on WhiteWave Foods Co (NYSE:WWAV) to $41.00 from $35.00. They suspect an acquisition, which they believe is a 50/50 proposition at this point, will pay out $49.00 to shareholders.

The report suggested that WhiteWave Foods Co (NYSE:WWAV)’s product line, which includes their Horizon organic milk brand, their Silk brand of dairy alternative beverages, and their Alpro brand of plant-based foods and beverages, are extremely tempting to many larger food companies. As the majority of WhiteWave Foods Co (NYSE:WWAV)’s product line is beverages, a large beverage company is considered the prime player to make a move for them.

The report of a possible takeover in WhiteWave Foods Co (NYSE:WWAV)’s future comes just days after another organic food company, Annies Inc (NYSE:BNNY) was snatched up by General Mills, Inc. (NYSE:GIS). That deal was worth $820 million in cash at $46 per share.  The news of that deal sent WhiteWave Foods Co (NYSE:WWAV)’s own stock up over 3% in early trading the next day, and it finished the day up more than 2%.

Despite the optimistic report from Stifel this morning, WhiteWave Foods Co (NYSE:WWAV) is currently down slightly today after morning trading. It has soared more than 60% year-to-date, and currently stands at $37.00 even.

Disclosure: none

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!