Flowers Foods, Inc. Share Price Target ‘$24.25’, now 3.7% Upside Potential

Broker Ratings
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Flowers Foods, Inc. with ticker code (FLO) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $30.00 and $20.00 and has a mean share price target at $24.25. (at the time of writing). Given that the stocks previous close was at $23.39 and the analysts are correct then we can expect a percentage increase in value of 3.7%. The day 50 moving average is $22.48 and the 200 moving average now moves to $22.86. The market capitalization for the company is 4.98B. The stock price is currently at: $23.67 USD

The potential market cap would be $5,168,112,491 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 38.8, revenue per share of $24.28 and a 6.54% return on assets.

Flowers Foods, Inc. is a producer of packaged bakery foods in the United States (US). The Company operates bakeries across the country that produces a range of bakery products. Its principal products include bread, buns, rolls, snack cakes, and tortillas and are sold under a range of brand names, including Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and Mrs. Freshley’s. The Company sells packaged bakery products to wholesale distributors for ultimate sale to a range of food outlets. It sells packaged snack cakes primarily to customers distributing the product nationwide through multiple channels of distribution, including mass merchandisers, supermarkets, vending outlets and convenience stores. The Company’s brands and products are sold through various channels throughout the US. These channels include supermarkets, drugstores, mass merchandisers, discount stores, club stores, convenience stores, thrift outlet stores, and foodservice, among others.

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