Treehouse Foods (THS) : 10 analysts are covering Treehouse Foods (THS) and their average rating on the stock is 1.2, which is read as a Strong Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Treehouse Foods (THS) : The consensus price target for Treehouse Foods (THS) is $107.13 for the short term with a standard deviation of $7.45. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $115, however, the pessimist price target for the company is $90.
Also, Jefferies maintains its rating on Treehouse Foods (NYSE:THS). The global brokerage major raises the current price target from $110 per share to $115 per share. Analysts at the Jefferies have a current rating of Buy on the shares. The rating by the firm was issued on July 15, 2016.
Treehouse Foods (NYSE:THS): After opening at $86.78, the stock dipped to an intraday low of $86.47 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $87.81 and the buying power remained strong till the end. The stock closed at $87.81 for the day, a gain of 0.99% for the day session. The total traded volume was 888,556. The stocks close on the previous trading day was $86.95.
TreeHouse Foods, Inc. is a consumer packaged food and beverage manufacturing company. The Companys segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. Its North American Retail Grocery segment sells branded and private label products to customers within the United States and Canada. Its Food Away From Home segment sells its products to foodservice customers, such as restaurant chains and food distribution companies in the United States and Canada. Its Industrial and Export segment includes its co-pack business and non-dairy powdered creamer sales to industrial customers for use in industrial applications. The Company manufactures a variety of shelf stable, refrigerated and fresh products. Its product categories include beverages, salad dressings, snacks, beverage enhancers, pickles, Mexican and other sauces, soup and infant feeding, cereals, dry dinners, aseptic products, jams and other products.