Jefferies analyst Robert Dickerson initiated coverage with a Buy rating on The Simply Good Foods Company (SMPL) yesterday and set a price target of $30.00. The company’s shares closed last Monday at $25.03.
According to TipRanks.com, Dickerson is ranked #4077 out of 5858 analysts.
The Simply Good Foods Company has an analyst consensus of Moderate Buy, with a price target consensus of $30.00.
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The Simply Good Foods Company’s market cap is currently $2.38B and has a P/E ratio of 77.47. The company has a Price to Book ratio of 2.01.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SMPL in relation to earlier this year.
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The Simply Good Foods Co. engages in the development, marketing, and sale of nutritional food and snacking products. Its products include nutrition bars, ready-to-drink shakes, snacks, confectionery, and frozen meals under the Atkins, SimplyProtein, Atkins Harvest Trail, and Atkins Endulge brands.
