Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on BRF SA (BRFS – Research Report) and Hormel Foods (HRL – Research Report).
BRF SA (BRFS)
In a report released today, Isabella Simonato from Bank of America Securities maintained a Hold rating on BRF SA, with a price target of $1.90. The company’s shares closed last Tuesday at $1.18.
According to TipRanks.com, Simonato is ranked #7641 out of 8348 analysts.
Currently, the analyst consensus on BRF SA is a Hold with an average price target of $1.70, a 32.8% upside from current levels. In a report issued on February 22, Barclays also maintained a Hold rating on the stock with a $1.50 price target.
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Hormel Foods (HRL)
Bank of America Securities analyst Peter Galbo maintained a Sell rating on Hormel Foods today and set a price target of $45.00. The company’s shares closed last Tuesday at $44.38, close to its 52-week low of $44.08.
According to TipRanks.com, Galbo is a 3-star analyst with an average return of
Hormel Foods has an analyst consensus of Hold, with a price target consensus of $49.50.
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