In a report released yesterday, Robert Dickerson from Jefferies maintained a Hold rating on Calavo Growers (CVGW – Research Report), with a price target of $35.00. The company’s shares closed yesterday at $31.28.
According to TipRanks, Dickerson is a 3-star analyst with an average return of 2.5% and a 57.78% success rate.
Calavo Growers has an analyst consensus of Moderate Buy, with a price target consensus of $36.50.
See the top stocks recommended by analysts >>
CVGW market cap is currently $556.3M and has a P/E ratio of -60.90.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CVGW in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Calavo Growers, Inc. engages in marketing and distribution of avocados, prepared avocados, and other perishable foods. It operates through the following segments: Fresh Products, Calavo Foods, and Renaissance Food Group. The Fresh Products segment grades, sizes, packs, cools, and ripens avocados for delivery to the customers. The Calavo Foods segment procures and processes avocados into wide variety of guacamole products; and distributes the processed products to the customers. The Renaissance Food Group segment produces, markets, and distributes nationally a portfolio of healthy fresh packaged food products for consumers via the retail channel. Calavo Growers was founded in 1924 and is headquartered in Santa Paula, CA.
Read More on CVGW:
