Pilgrims Pride Corporation (NASDAQ:PPC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 3 Brokerage Firm. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. BMO Capital downgrades its view on Pilgrims Pride Corporation (NASDAQ:PPC) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on June 6, 2016.
Pilgrims Pride Corporation (NASDAQ:PPC): According to 3 Analysts, The short term target price has been estimated at $ 26.67.The target price could deviate by a maximum of $3.51 from the forecast price. In the near term, the target price could hit a high of $30 and a low of $ 23.
Pilgrims Pride Corporation (NASDAQ:PPC) rose 0.6% or 0.15 points on Tuesday and made its way into the gainers of the day. After trading began at $25.01 the stock was seen hitting $25.255 as a peak level and $24.87 as the lowest level. The stock ended up at $24.99. The daily volume was measured at 982,682 shares. The 52-week high of the share price is $27.79 and the 52-week low is $17.39. The company has a market cap of $6,361 million.
Shares of Pilgrims Pride Corporation rose by 2.54% in the last five trading days and 0.08% for the last 4 weeks. Pilgrims Pride Corporation is up 14.85% in the last 3-month period. Year-to-Date the stock performance stands at 26.34%.
Pilgrims Pride Corporation (Pilgrims) is a producer of Chicken products. The Company is a producer and seller of chicken products with operations in the United States, Mexico and Puerto Rico. The Company is engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken products to retailers, distributors and foodservice operators. Its fresh chicken products include refrigerated (non-frozen) whole chickens, whole cut-up chickens and selected chicken parts that are either marinated or non-marinated. Its prepared chicken products include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties. The Company focuses on foodservice industry, principally chain restaurants and food processors, such as Chick-fil-A and Yum! Brands; distributors, such as US Foods and Sysco and retail customers, including grocery store chains, and wholesale clubs, such as Kroger, Wal-Mart, Costco, Publix and Sams Club.