In a report released yesterday, Benjamin Theurer from Barclays maintained a Hold rating on Sanderson Farms (NASDAQ: SAFM), with a price target of $110. The company’s shares opened today at $100.96, close to its 52-week low of $100.
According to TipRanks.com, Theurer is ranked #2174 out of 4810 analysts.
Currently, the analyst consensus on Sanderson Farms is Hold and the average price target is $99.80, representing a -1.1% downside.
In a report released today, BMO Capital also maintained a Hold rating on the stock with a $95 price target.
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Sanderson Farms’ market cap is currently $2.42B and has a P/E ratio of 7.90. The company has a Price to Book ratio of 1.64.
Based on the recent corporate insider activity of 156 insiders, corporate insider sentiment is negative on the stock.
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Sanderson Farms, Inc. is a poultry processing company that engages in the production, processing, marketing and distribution of fresh, frozen, further processed and partially cooked chicken products. It operates through three divisions: Production, Processing, and Foods. The Production division refers to the production of chickens to the broiler stage.
