In a report released yesterday, Peter Saleh from BTIG maintained a Hold rating on Beyond Meat (BYND – Research Report). The company’s shares closed last Friday at $8.90.
According to TipRanks, Saleh is a 5-star analyst with an average return of 10.7% and a 60.98% success rate. Saleh covers the Consumer Cyclical sector, focusing on stocks such as Domino’s Pizza, McDonald’s, and Chipotle.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Beyond Meat with a $5.83 average price target.
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The company has a one-year high of $22.87 and a one-year low of $5.58. Currently, Beyond Meat has an average volume of 2.99M.
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Beyond Meat (BYND) Company Description:
Beyond Meat, Inc. engages in the provision of plant-based meats. Its products include ready-to-cook meat under the brands The Beyond Burger and Beyond Sausage; and frozen meat namely Beyond Chicken Strips and Beyond Beef Crumbles. The company was founded by Ethan Walden Brown and Brent Taylor in 2009 and is headquartered in El Segundo, CA.
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