Treehouse Foods with ticker code (THS) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 50 and 35 calculating the average target price we see 40. Given that the stocks previous close was at 40.74 this indicates there is a potential downside of -1.8%. The day 50 moving average is 34.39 and the 200 moving average now moves to 37.51. The company has a market capitalisation of $2,319m. You can visit the company’s website by visiting: https://www.treehousefoods.com
The potential market cap would be $2,276m based on the market concensus.
TreeHouse Foods manufactures and distributes private label foods and beverages in the United States and internationally. It operates through two segments, Meal Preparation, and Snacking & Beverages. The Meal Preparation segment provides aseptic cheese and pudding products; baking and mix powders; hot cereals; jams, preserves, and jellies; liquid and powdered non-dairy creamers; macaroni and cheese; mayonnaise; Mexican, barbeque, and other sauces; pastas; pickles and related products; powdered soups and gravies; refrigerated and shelf stable dressings and sauces; refrigerated dough; single serve hot beverages; skillet dinners; and table and flavored syrups. The Snacking & Beverages segment offers bars, broths, candies, cookies, crackers, in-store bakery products, pita chips, powdered drinks, pretzels, ready-to-drink coffee, retail griddle waffles, pancakes, French toasts, specialty teas, and sweeteners. The company sells its products through various distribution channels, including retailers, foodservice distributors, and co-manufacturers, as well as industrial and export, which includes food manufacturers and repackagers of foodservice products. TreeHouse Foods was founded in 1862 and is based in Oak Brook, Illinois.
