In a report released today, Amit Sharma from BMO Capital maintained a Hold rating on Dean Foods Co (NYSE: DF), with a price target of $9. The company’s shares closed yesterday at $8.04, close to its 52-week low of $8.03.
According to TipRanks.com, Sharma is a 4-star analyst with an average return of 11.2% and a 72.1% success rate. Sharma covers the Consumer Goods sector, focusing on stocks such as Monster Beverage Corp, Keurig Dr Pepper Inc, and Primo Water Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dean Foods Co with a $11 average price target, which is a 36.8% upside from current levels. In a report released today, Deutsche Bank also upgraded the stock to Hold.
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Dean Foods Co’s market cap is currently $734.3M and has a P/E ratio of 10.73. The company has a Price to Book ratio of 1.13.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dean Foods Co. engages in the manufacture, sale, and direct-to-store distribution of fluid milk and other dairy and dairy case products. Its portfolio includes the DairyPure and TruMoo brands, along with other regional dairy brands such as Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly’s, Garelick Farms, LAND O LAKES milk and cultured products, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G. Lee, and Tuscan. The company was founded by Samuel E. Dean, Sr. in 1925 and is headquartered in Dallas, TX.
