Jefferies analyst Robert Dickerson maintained a Hold rating on Flowers Foods (FLO – Research Report) yesterday. The company’s shares closed last Wednesday at $27.02, close to its 52-week high of $27.62.
According to TipRanks.com, Dickerson is a 3-star analyst with an average return of 4.1% and a 50.4% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.
The word on The Street in general, suggests a Hold analyst consensus rating for Flowers Foods with a $27.67 average price target, implying a 2.3% upside from current levels. In a report issued on November 15, Truist Financial also maintained a Hold rating on the stock with a $30.00 price target.
See the top stocks recommended by analysts >>
Flowers Foods’ market cap is currently $5.71B and has a P/E ratio of 25.70. The company has a Price to Book ratio of 34.71.
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.
Flowers Foods, Inc. engages in the manufacture and sale of bakery products. The firm offers bakery foods for retail and food service customers in the United States. Its brands include Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Tastykake, and Merita. The company was founded by William Howard Flowers, Sr. and Joseph Hampton Flowers, Jr. in 1919 and is headquartered in Thomasville, GA.
Read More on FLO:
