Lifeway Foods (LWAY) Gets a Buy from Lake Street
In a report released today, Ben Klieve from Lake Street maintained a Buy rating on Lifeway Foods (LWAY – Research Report), with a price target of $28.00. The company’s shares closed yesterday at $23.85.
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Klieve covers the Consumer Defensive sector, focusing on stocks such as Lifeway Foods, MGP Ingredients, and Vital Farms. According to TipRanks, Klieve has an average return of 3.1% and a 41.46% success rate on recommended stocks.
Lifeway Foods has an analyst consensus of Moderate Buy, with a price target consensus of $28.00.
The company has a one-year high of $27.29 and a one-year low of $10.06. Currently, Lifeway Foods has an average volume of 53.2K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LWAY in relation to earlier this year. Last month, Pol Sikar, a Director at LWAY sold 4,000.00 shares for a total of $89,856.00.
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