Bank of America Securities analyst Peter Galbo reiterated a Sell rating on Cal-Maine Foods (CALM – Research Report) today and set a price target of $47.00. The company’s shares closed yesterday at $45.07.
Galbo covers the Consumer Defensive sector, focusing on stocks such as Conagra Brands, JM Smucker, and McCormick & Company. According to TipRanks, Galbo has an average return of 5.1% and a 58.33% success rate on recommended stocks.
Cal-Maine Foods has an analyst consensus of Moderate Sell, with a price target consensus of $45.67.
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CALM market cap is currently $2.21B and has a P/E ratio of 2.91.
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Cal-Maine Foods, Inc. engages in the production, grading, packing, marketing, and distribution of fresh shell eggs. The firm operates farms, processing plants, hatcheries, feed mills, warehouses, offices and other properties. It markets shell eggs to national and regional grocery store chains, club stores, foodservice distributors, and egg product manufacturers. The company was founded by Fred R. Adams Jr. in 1957 and is headquartered in Jackson, MS.
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