Vetr Crowd Very Optimistic On Cal-Maine Foods, Sees 6% Upside

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.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

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.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.