Lamb Weston Holdings (LW) Received its Third Buy in a Row


After Jefferies and Stifel Nicolaus gave Lamb Weston Holdings (NYSE: LW) a Buy rating last month, the company received another Buy, this time from Barclays. Analyst Andrew Lazar maintained a Buy rating on Lamb Weston Holdings yesterday and set a price target of $83. The company’s shares closed yesterday at $73.09.

According to TipRanks.com, Lazar is a 4-star analyst with an average return of 8.6% and a 69.8% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, McCormick & Company, and Conagra Brands Inc.

Lamb Weston Holdings has an analyst consensus of Strong Buy, with a price target consensus of $83, implying a 13.6% upside from current levels. In a report issued on April 2, Jefferies also maintained a Buy rating on the stock with a $85 price target.

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The company has a one-year high of $83.86 and a one-year low of $60.06. Currently, Lamb Weston Holdings has an average volume of 1.72M.

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Lamb Weston Holdings, Inc. engages in the production, distribution, and marketing of value-added frozen potato products. It operates through the following business segments: Global, Foodservice, Retail, and Other. The Global segment includes branded and private label frozen potato products sold in North America and international markets.

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