Flowers Foods with ticker code (FLO) now have 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 32 and 27 and has a mean target at 28.83. With the stocks previous close at 26.07 this indicates there is a potential upside of 10.6%. There is a 50 day moving average of 26.3 and the 200 day MA is 25.8. The market capitalisation for the company is $5,598m. Company Website: https://www.flowersfoods.com
The potential market cap would be $6,190m based on the market concensus.
Flowers Foods produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley’s, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods in 2001. Flowers Foods was founded in 1919 and is headquartered in Thomasville, Georgia.
