In a report issued on May 2, Faiza Alwy from Deutsche Bank maintained a Hold rating on Hostess Brands (TWNK), with a price target of $17.00. The company’s shares closed last Wednesday at $15.37, close to its 52-week high of $16.18.
According to TipRanks.com, Alwy is a 3-star analyst with an average return of 9.3% and a 80.5% success rate. Alwy covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Spectrum Brands Holdings, and Edgewell Personal Care.
Currently, the analyst consensus on Hostess Brands is a Strong Buy with an average price target of $17.75.
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The company has a one-year high of $16.18 and a one-year low of $11.19. Currently, Hostess Brands has an average volume of 1.42M.
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Hostess Brands, Inc. engages in developing, manufacturing, marketing, selling and distributing baked goods. It operates through following segments: Sweet Baked Goods and In-Store Bakery. The Sweet Baked Goods segment consists of fresh and frozen baked goods and bread products that are sold under the Hostess, Dolly Madison, Cloverhill and Big Texas brands. The In-Store Bakery segment consists of Superior on Main branded and store-branded products sold through the in-store bakery section of grocery and club stores. The company was founded in 1919 and is headquartered in Kansas, MO.
