Pilgrim’s Pride (PPC) Gets a Hold Rating from Jefferies


Jefferies analyst Akshay Jagdale maintained a Hold rating on Pilgrim’s Pride (PPC) on February 13 and set a price target of $19. The company’s shares closed on Friday at $20.09.

According to TipRanks.com, Jagdale is a 3-star analyst with an average return of 1.4% and a 50.2% success rate. Jagdale covers the Consumer Goods sector, focusing on stocks such as Lamb Weston Holdings, McCormick & Company, and Conagra Brands Inc.

The the analyst consensus on Pilgrim’s Pride is currently a Hold rating.

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Pilgrim’s Pride’s market cap is currently $5B and has a P/E ratio of 20.19. The company has a Price to Book ratio of 2.49.

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Pilgrim’s Pride Corp. engages in the production, processing, marketing and distribution of fresh, frozen, and value-added chicken products to retailers, distributors and foodservice operators. It operates through the following segments: U.S., U.K. & Europe, and Mexico.

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