In a report released on December 23, Thomas Palmer from J.P. Morgan maintained a Hold rating on Mission Produce (AVO – Research Report), with a price target of $14.00. The company’s shares closed last Friday at $12.39.
According to TipRanks, Palmer is a 3-star analyst with an average return of 5.7% and a 52.00% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Darling Ingredients, Hormel Foods, and Lamb Weston Holdings.
Mission Produce has an analyst consensus of Moderate Buy, with a price target consensus of $14.50.
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AVO market cap is currently $875.5M and has a P/E ratio of -25.28.
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Mission Produce Inc is engaged in the business of producing and distributing avocados. Also, the company provides additional services like ripening, bagging, custom packing and logistical management.
Read More on AVO:
- Mission Produce price target lowered to $15 from $20 at Stephens
- Mission Produce sees Q1 pricing lower than Q4
- Mission Produce reports Q4 adjusted EPS 13c, consensus 34c
- Mission Produce™ Announces Fiscal 2022 Fourth Quarter Financial Results
- Mission Produce to Participate in the Stephens Annual Investment Conference
