Flowers Foods with ticker code (FLO) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 32 and 27 and has a mean target at 29.5. Given that the stocks previous close was at 26.56 this now indicates there is a potential upside of 11.1%. The 50 day MA is 26.67 and the 200 moving average now moves to 25.6. The market cap for the company is $5,656m. Visit the company website at: https://www.flowersfoods.com
The potential market cap would be $6,283m 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.
