Tyson Foods (TSN) : 7 analysts are covering Tyson Foods (TSN) and their average rating on the stock is 2.29, which is read as a Buy. 2 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. Tyson Foods (TSN) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Tyson Foods (TSN) : The most positive equity analysts on Tyson Foods (TSN) expects the shares to touch $80, whereas, the least positive believes that the stock will trade at $65 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $71 with an expected fluctuation of $5.42 from the mean.
Tyson Foods (NYSE:TSN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.95 and $66.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $68.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $67.66, notching a gain of 1.45% for the day. The total traded volume was 4,517,292 . The stock had closed at $66.69 on the previous day.
Also, Brokerage firm BMO Capital downgrades its rating on Tyson Foods (NYSE:TSN). The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on June 6, 2016. The company shares have rallied 56.48% from its 1 Year high price. On May 9, 2016, the shares registered one year high at $70.44 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $63.34 and the 200 Day Moving Average price is recorded at $62.08.
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.