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NYSE:HRLHormel Foods Price Target & Analyst Ratings

$48.85
+0.02 (+0.04 %)
(As of 06/1/2020 04:00 PM ET)
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Today's Range
$48.37
Now: $48.85
$49.29
50-Day Range
$45.73
MA: $47.71
$50.51
52-Week Range
$39.01
Now: $48.85
$51.53
Volume1.94 million shs
Average Volume2.94 million shs
Market Capitalization$26.27 billion
P/E Ratio28.57
Dividend Yield1.90%
Beta-0.05

Analyst Ratings

Hormel Foods (NYSE:HRL) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for Hormel Foods in the last 12 months. Their average twelve-month price target is $44.00, suggesting that the stock has a possible downside of 9.93%. The high price target for HRL is $47.00 and the low price target for HRL is $40.00. There are currently 1 sell rating and 7 hold ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 1.882.001.751.80
Ratings Breakdown: 1 Sell Rating(s)
7 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
8 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $44.00$42.44$39.86$40.22
Price Target Upside: 9.93% downside11.13% downside9.99% downside9.16% downside

Hormel Foods (NYSE:HRL) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Hormel Foods (NYSE:HRL) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/21/2020CfraBoost Price TargetHold$38.00 ➝ $45.00Low
4/28/2020Piper SandlerDowngradeOverweight ➝ Neutral$47.00Low
3/31/2020BarclaysBoost Price TargetEqual Weight$40.00 ➝ $44.00Low
3/26/2020Goldman Sachs GroupUpgradeSell ➝ Neutral$35.00 ➝ $45.00High
11/27/2019StephensReiterated RatingNeutral ➝ Hold$37.00 ➝ $43.00Medium
10/25/2019Bank of AmericaInitiated CoverageUnderperform$40.00Low
8/23/2019BMO Capital MarketsSet Price TargetHold$44.00Low
6/12/2019Edward JonesDowngradeBuy ➝ HoldLow
5/24/2019Buckingham ResearchLower Price TargetNeutral$38.00 ➝ $35.00Low
5/23/2019Piper Jaffray CompaniesSet Price TargetBuy$46.00High
4/23/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$40.00 ➝ $36.00High
2/21/2019Credit Suisse GroupReiterated RatingHold$39.00High
2/21/2019Jefferies Financial GroupReiterated RatingHold$44.00High
11/6/2018Vertical GroupDowngradeHold ➝ SellLow
7/25/2018MizuhoDowngradeNeutral ➝ Underperform$33.00High
11/3/2017Morgan StanleyInitiated CoverageUnderweight ➝ Underweight$26.00N/A
10/31/2017KeyCorpInitiated CoverageSector Weight ➝ HoldN/A
(Data available from 6/2/2018 forward)
This page was last updated on 6/2/2020 by MarketBeat.com Staff

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