In a report issued on May 25, Robert Dickerson from Jefferies maintained a Hold rating on Flowers Foods (FLO – Research Report), with a price target of $27.00. The company’s shares closed last Friday at $27.33.
According to TipRanks.com, Dickerson is a 3-star analyst with an average return of 1.2% and a 57.0% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as Real Good Food Company, Inc. Class A, Lamb Weston Holdings, and McCormick & Company.
Currently, the analyst consensus on Flowers Foods is a Hold with an average price target of $26.50, a -3.3% downside from current levels. In a report issued on May 23, Deutsche Bank also maintained a Hold rating on the stock with a $26.00 price target.
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Flowers Foods’ market cap is currently $5.8B and has a P/E ratio of 26.47.
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Flowers Foods, Inc. engages in the manufacture and sale of bakery products. The firm offers bakery foods for retail and food service customers in the United States. Its brands include Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Tastykake, and Merita. The company was founded by William Howard Flowers, Sr. and Joseph Hampton Flowers, Jr. in 1919 and is headquartered in Thomasville, GA.
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