Pivotal Research analyst Timothy Ramey maintained a Sell rating on Flowers Foods (FLO) today and set a price target of $16. The company’s shares opened today at $22.55.
According to TipRanks.com, Ramey is a 4-star analyst with an average return of 5.1% and a 52.5% success rate. Ramey covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Post Holdings Inc, and Brown-Forman B.
Currently, the analyst consensus on Flowers Foods is a Moderate Sell with an average price target of $20.
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The company has a one-year high of $24.36 and a one-year low of $17.78. Currently, Flowers Foods has an average volume of 1.06M.
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Flowers Foods, Inc. engages in the manufacture and sale of bakery products. It operates through the Direct-Store-Delivery (DSD) and Warehouse Delivery segments. The DSD segment produces fresh breads, buns, rolls, tortillas, and cakes sold by a network of independent distributors to retail and foodservice customers.
