Hormel Foods Corporation – Consensus ‘hold’ rating and 7.9% Upside Potential

Broker Ratings
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Hormel Foods Corporation with ticker code (HRL) have now 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between 48.9 and 35 calculating the mean target price we have $43.41. Given that the stocks previous close was at $40.24 this now indicates there is a potential upside of 7.9%. It’s also worth noting that there is a 50 day moving average of $39.81 and the 200 day MA is $44.99. The total market capitalization for the company now stands at 21.65B. The stock price for the company is currently is currently 39.62 USD

The potential market cap would be $23,359,452,967 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 22.26, revenue per share of 22.69 and a 5.97% return on assets.

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