UPDATE: Roth Capital Starts Whole Earth Brands Inc. (FREE) at Buy

January 28, 2021 4:42 AM EST
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Price: $13.79 +0.66%

Rating Summary:
    5 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 20 | New: 68
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(Updated - January 28, 2021 6:09 AM EST)

Roth Capital analyst George Kelly initiates coverage on Whole Earth Brands Inc. (NASDAQ: FREE) with a Buy rating and a price target of $17.00.

The analyst comments "Whole Earth Brands, which recently de-SPACed, operates two business segments: (1) its CPG segment owns a portfolio “better-for-you” sweetener brands, and (2) its flavors and ingredients segment is the leading global supplier of licorice extract and derivative products. We believe the stock is compelling. FREE has a quality management team, a strong brand portfolio, and it trades at a material discount to comps, especially "better-for-you” peers.
We see potential for the stock to double in three years."

For an analyst ratings summary and ratings history on Whole Earth Brands Inc. click here. For more ratings news on Whole Earth Brands Inc. click here.

Shares of Whole Earth Brands Inc. closed at $11.75 yesterday.

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