In a report released today, Farha Aslam from Stephens upgraded The Andersons (NASDAQ: ANDE) to Buy, with a price target of $44. The company’s shares closed yesterday at $35.50.
According to TipRanks.com, Aslam is a 4-star analyst with an average return of 12.4% and a 65.8% success rate. Aslam covers the Consumer Goods sector, focusing on stocks such as Green Plains Inc, Pilgrim’s Pride, and Sanderson Farms.
Currently, the analyst consensus on The Andersons is a Moderate Buy with an average price target of $40.
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The Andersons’ market cap is currently $1.01B and has a P/E ratio of 23.64. The company has a Price to Book ratio of 1.26.
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The Andersons, Inc. is a diversified company, which is rooted in agriculture. It engages in railcar leasing and repair, turf products production, and consumer retailing. The company operates through the following business segments: Grain, Ethanol, Rail, Plant Nutrient and Retail.
