Brokerage Firm Rating Update on Tyson Foods (TSN)

Tyson Foods (TSN) : Zacks Investment Research ranks Tyson Foods (TSN) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2, which indicates as a Buy.

Tyson Foods (TSN) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $85 and the lowest price target forecast is $68. The average forecast of all the analysts is $77.4 and the expected standard deviation is $8.38.


For the current week, the company shares have a recommendation consensus of Buy. Also, CLSA maintains its rating on Tyson Foods (NYSE:TSN). The global brokerage major raises the current price target from $77 per share to $82 per share. Analysts at the CLSA have a current rating of Outperform on the shares. The rating by the firm was issued on August 2, 2016.

Tyson Foods (NYSE:TSN): stock was range-bound between the intraday low of $74.66 and the intraday high of $75.95 after having opened at $75.72 on Wednesdays session. The stock finally closed in the red at $75.72, a loss of -1.05%. The stock remained in the red for the whole trading day. The total traded volume was 2,403,748 shares. The stock failed to cross $75.95 in Wednesdays trading. The stocks closing price on Thursday was $76.08.

Tyson Foods, Inc., is a food production company. The Companys operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products. Beef, includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Pork, includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Prepared Foods, includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations of products through the supply chain. International, includes foreign operations related to raising and processing live chickens into fresh, frozen and value-added chicken products in across countries.

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