Industrias Bachoco Price Target, Predictions & Analyst Ratings

+0.09 (+0.20 %)
(As of 09/23/2021 10:57 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume90 shs
Average Volume7,985 shs
Market Capitalization$2.30 billion
P/E Ratio9.18
Dividend Yield1.81%

Industrias Bachoco (NYSE:IBA) 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.

Analyst Rating Consensus

Based on 2 Analyst Ratings

Analyst Price Target Consensus


High PT$61.00
Average PT$55.50
Low PT$50.00
9/23/20 to 9/23/21
1 Month Ago
8/24/20 to 8/24/21
3 Months Ago
6/25/20 to 6/25/21
1 Year Ago
9/24/19 to 9/23/20
Consensus Rating
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$55.50$50.00$50.00N/A
Price Target Upside20.50% Upside21.07% Upside21.07% UpsideN/A
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Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

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.

Industrias Bachoco (NYSE:IBA) vs. Its Competitors

TypeIndustrias BachocoConsumer Staples CompaniesS&P 500
Consensus Rating Score
Consensus RatingBuyBuyBuy
Price Target Upside39.30% Upside7.64% Upside
News Sentiment RatingNegative News
Neutral News
Neutral News
Community Rating
Outperform Votes
Underperform Votes
Avg. Outperform Votes
Avg. Underperform Votes
Avg. Outperform Votes
Avg. Underperform Votes

Industrias Bachoco (NYSE:IBA) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/25/2021Grupo Santander
Initiated CoverageBuy$61.00+40.49%
4/9/2021JPMorgan Chase & Co.
UpgradeNeutral ➝ Overweight$50.00+21.07%
(Data available from 9/23/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)
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Industrias Bachoco (NYSE:IBA) Analyst Ratings Frequently Asked Questions

What is Industrias Bachoco's consensus rating and price target?

According to the issued ratings of 2 analysts in the last year, the consensus rating for Industrias Bachoco stock is Buy based on the current 2 buy ratings for IBA. The average twelve-month price target for Industrias Bachoco is $55.50 with a high price target of $61.00 and a low price target of $50.00. Learn more on IBA's analyst rating history

Do Wall Street analysts like Industrias Bachoco more than its competitors?

Analysts like Industrias Bachoco stock more than the stock of other Consumer Staples companies. The consensus rating score for Industrias Bachoco is 3.00 while the average consensus rating score for consumer staples companies is 2.52. Learn more on how IBA compares to other companies

Do MarketBeat users like Industrias Bachoco more than its competitors?

MarketBeat users like Industrias Bachoco stock more than the stock of other Consumer Staples companies. 64.71% of MarketBeat users gave Industrias Bachoco an outperform vote while consumer staples companies recieve an average of 62.99% outperform votes by MarketBeat users.

Does Industrias Bachoco's stock price have much upside?

According to analysts, Industrias Bachoco's stock has a predicted upside of 31.02% based on their 12-month price targets.

What analysts cover Industrias Bachoco?

Industrias Bachoco has been rated by Grupo Santander in the past 90 days.

This page was last updated on 9/23/2021 by MarketBeat.com Staff
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