Noble Financial Thinks S&W Seed Company’s Stock is Going to Recover


In a report issued on September 24, Ben Klieve from Noble Financial maintained a Buy rating on S&W Seed Company (NASDAQ: SANW), with a price target of $6. The company’s shares closed yesterday at $2.75, close to its 52-week low of $2.55.

According to TipRanks.com, Klieve is a 4-star analyst with an average return of 6.7% and a 70.5% success rate. Klieve covers the Consumer Goods sector, focusing on stocks such as Albany International Corp, CPI Aerostructures, and Faro Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for S&W Seed Company with a $5 average price target, representing an 81.8% upside. In a report issued on September 21, B.Riley FBR also assigned a Buy rating to the stock with a $4 price target.

.

See today’s analyst top recommended stocks >>

Based on S&W Seed Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $4.29 million. In comparison, last year the company had a GAAP net loss of $11.09 million.

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.

S&W Seed Co. is an agricultural company, which engages in the production and trade of stevia and alfalfa seeds. It product portfolio include hybrid sorghum, sunflower seed,and corn. The company was founded by Grover T. Wickersham in July 1980 and is headquartered in Hanford, CA.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts