Short Term Rating on Flowers Foods (FLO)

Flowers Foods (FLO) : Zacks Investment Research ranks Flowers Foods (FLO) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.33, which indicates as a Buy.

Flowers Foods (FLO) : 4 Wall Street analysts covering Flowers Foods (FLO) believe that the average level the stock could reach for the short term is $21. The maximum price target given is $23 and the minimum target for short term is around $18, hence the standard deviation is calculated at $2.45.

Company shares have received an average consensus rating of Hold for the current week


Flowers Foods (NYSE:FLO): The stock opened at $18.90 on Tuesday but the bulls could not build on the opening and the stock topped out at $18.98 for the day. The stock traded down to $18.79 during the day, due to lack of any buying support eventually closed down at $18.79 with a loss of -0.48% for the day. The stock had closed at $18.88 on the previous day. The total traded volume was 1,510,524 shares.

Flowers Foods, Inc. (Flowers) is a producer and marketer of a line of bakery products on a national and super-regional basis. The Company operates in two segments: a direct-store-delivery segment (DSD Segment) and a warehouse delivery segment (Warehouse Segment). The DSD Segment operates 38 bakeries that market a variety of fresh bakery foods, including breads, buns, rolls, tortillas and snack cakes. The Warehouse Segment produces frozen bread and rolls, and snack products. It operates eight bakeries that produce snack cakes, breads and rolls for national retail, foodservice, vending, and co-pack customers, which are delivered through customers warehouse channels and one bakery mix plant. The company operates 46 bakeries, of which 44 are owned and two are leased, and one mix plant.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.