Shares of Cal-Maine Foods Inc CALM have lost roughly 18 percent over the past six months. Over the past month, however, the stock recuperated almost 6 percent of its value.
And, the Vetr crowd seems to believe the rally will continue, as evidenced by its average price target of $46.84. This target implies a potential return of roughly 6 percent from current valuations.
Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on shares of Cal-Maine Foods on Friday, from 3.0 stars (Hold) to 3.5 stars (Buy) — out of a possible five-star rating.
It should be noted that 100 percent of the crowd’s ratings are bullish at the time, implying that, while overall positive, the Vetr community sees the upside potential as limited.
Full ratings data available on Benzinga Pro.
Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email feedback@benzinga.com with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.