Hormel Foods (HRL)
(Delayed Data from NYSE)
$31.77 USD
-0.36 (-1.12%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $31.76 -0.01 (-0.03%) 7:58 PM ET
4-Sell of 5 4
C Value C Growth C Momentum C VGM
Hormel Foods (HRL) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$32.17 | $36.00 | $28.00 | 0.12% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Hormel Foods comes to $32.17. The forecasts range from a low of $28.00 to a high of $36.00. The average price target represents an increase of 0.12% from the last closing price of $32.13.
Analyst Price Targets (6 )
Broker Rating
Hormel Foods currently has an average brokerage recommendation (ABR) of 3.11 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 3.11 a month ago based on nine recommendations.
Of the nine recommendations deriving the current ABR, one is Strong Buy, representing 11.11% of all recommendations. A month ago, Strong Buy represented 11.11%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 6 | 6 | 6 | 7 | 8 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 3.11 | 3.11 | 3.11 | 3.33 | 3.30 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/5/2024 | Not Identified | Not Identified | Hold | Hold |
9/4/2024 | Piper Sandler | Michael S Lavery | Hold | Hold |
8/13/2024 | Not Identified | Not Identified | Hold | Strong Buy |
6/27/2024 | Not Identified | Not Identified | Not Available | Hold |
3/27/2024 | Argus Research Corp. | John D Staszak | Hold | Hold |
3/1/2024 | Goldman Sachs | Adam Samuelson | Strong Sell | Strong Sell |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.11 |
ABR (Last week) | 3.11 |
# of Recs in ABR | 9 |
Average Target Price | $32.17 |
LT Growth Rate | 6.40% |
Industry | Food - Meat Products |
Industry Rank by ABR | 41 of 253 |
Current Quarter EPS Est: | 0.43 |
HRL FAQs
Hormel Foods Corporation (HRL) currently has an average brokerage recommendation (ABR) of 3.11 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 9 brokerage firms.
The average price target for Hormel Foods Corporation (HRL) is $32.17. The current on short-term price targets is based on 5 reports.
The forecasts for Hormel Foods Corporation (HRL) range from a low of $28 to a high of $36. The average price target represents a increase of $1.26 from the last closing price of $31.77.
The current UPSIDE for Hormel Foods Corporation (HRL) is 1.26%
Based on short-term price targets offered by six analysts, the average price target for Hormel Foods comes to $32.17. The forecasts range from a low of $28.00 to a high of $36.00. The average price target represents an increase of 0.12% from the last closing price of $32.13.