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The latest update is out from Village Farms International ( (VFF) ).
Village Farms International has announced a strategic transaction to privatize its Fresh Produce segment by forming a joint venture with private investment firms, including Sweat Equities. This move will allow Village Farms to focus on its international business and cannabis interests while the Fresh Produce division, now part of Vanguard Food LP, will aim to expand through mergers and acquisitions to become a leading branded CPG foods company in North America. The transaction is expected to provide Village Farms with $40 million in cash and a 37.9% equity stake in the new venture, positioning the company to enhance its market presence and growth potential.
The most recent analyst rating on (VFF) stock is a Buy with a $1.75 price target. To see the full list of analyst forecasts on Village Farms International stock, see the VFF Stock Forecast page.
Spark’s Take on VFF Stock
According to Spark, TipRanks’ AI Analyst, VFF is a Neutral.
Village Farms International’s overall score reflects strong revenue growth and strategic market positioning, particularly in cannabis. However, significant challenges with profitability, cash flow, and valuation metrics weigh heavily on the stock’s attractiveness. The recent credit agreement amendment offers some positive outlook for future growth.
To see Spark’s full report on VFF stock, click here.
More about Village Farms International
Village Farms International operates in the agriculture industry, focusing on the cultivation, sales, marketing, and distribution of fresh produce to grocery stores and retailers. The company also has interests in the cannabis sector, retaining ownership of Canadian cultivation assets for potential future cannabis ventures.
Average Trading Volume: 364,062
Technical Sentiment Signal: Sell
Current Market Cap: $74.94M
Find detailed analytics on VFF stock on TipRanks’ Stock Analysis page.