Fresh Del Monte Produce – Consensus Indicates Potential 18.5% Upside

Broker Ratings
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Fresh Del Monte Produce found using ticker (FDP) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 33 and 33 calculating the mean target price we have 33. With the stocks previous close at 27.85 this would indicate that there is a potential upside of 18.5%. The day 50 moving average is 25.42 and the 200 day MA is 26.55. The market capitalisation for the company is $1,343m. Visit the company website at: https://www.freshdelmonte.com

The potential market cap would be $1,591m based on the market concensus.

Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services. It offers pineapples, fresh-cut fruit, fresh-cut vegetables, melons, and vegetables; non-tropical fruits, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; and prepared fruit and vegetables, juices, other beverages, and meals and snacks. The company also engages in the sale of poultry and meat products; and third-party freight services business. In addition, it manufactures and sells plastic and box products, such as bins, trays, bags, and boxes. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Fruit Express, Just Juice, Fruitini, Mann’s Logo, Arcadian Harvest, Nourish Bowls, Broccolini, Caulilini, Better Burger Leaf, RomaLeaf, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.

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