Highest Price Target1
Lowest Price Target1
Consensus Price Target1
Analyst Rating Summary1
Buy | Overweight | Hold | Underweight | Sell |
---|---|---|---|---|
1 | 0 | 4 | 1 | 2 |
Analyst Firms Making Recommendations1
- Barclays
- Piper Sandler
- Argus Research
- Stephens & Co.
- Credit Suisse
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Hormel Foods
What is the target price for Hormel Foods (HRL)?
The latest price target for Hormel Foods (NYSE: HRL) was reported by Barclays on June 1, 2023. The analyst firm set a price target for $42.00 expecting HRL to rise to within 12 months (a possible 7.89% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Hormel Foods (HRL)?
The latest analyst rating for Hormel Foods (NYSE: HRL) was provided by Barclays, and Hormel Foods maintained their equal-weight rating.
When is the next analyst rating going to be posted or updated for Hormel Foods (HRL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hormel Foods, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hormel Foods was filed on June 1, 2023 so you should expect the next rating to be made available sometime around June 1, 2024.
Is the Analyst Rating Hormel Foods (HRL) correct?
While ratings are subjective and will change, the latest Hormel Foods (HRL) rating was a maintained with a price target of $45.00 to $42.00. The current price Hormel Foods (HRL) is trading at is $38.93, which is out of the analyst’s predicted range.
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