Tyson Foods, Inc. (TSN) Receives $73.71 Consensus Price Target from Analysts

Shares of Tyson Foods, Inc. (NYSE:TSN) have been assigned a consensus recommendation of “Hold” from the twenty brokerages that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $73.71.

Several brokerages recently weighed in on TSN. Piper Jaffray Companies restated a “buy” rating and issued a $70.00 price target on shares of Tyson Foods in a research note on Tuesday, July 31st. Pivotal Research restated a “sell” rating and issued a $40.00 price target on shares of Tyson Foods in a research note on Monday, August 6th. Stephens cut their price target on Tyson Foods to $73.00 and set an “overweight” rating for the company in a research note on Monday, July 30th. They noted that the move was a valuation call. Jefferies Financial Group restated a “buy” rating and issued a $75.00 price target on shares of Tyson Foods in a research note on Tuesday, July 31st. Finally, Royal Bank of Canada restated a “hold” rating and issued a $77.00 price target on shares of Tyson Foods in a research note on Tuesday, August 7th.

A number of large investors have recently bought and sold shares of TSN. BerganKDV Wealth Management LLC purchased a new stake in Tyson Foods during the 2nd quarter worth approximately $103,000. Trust Department MB Financial Bank N A purchased a new stake in Tyson Foods during the 2nd quarter worth approximately $106,000. MUFG Americas Holdings Corp increased its stake in Tyson Foods by 99.3% during the 2nd quarter. MUFG Americas Holdings Corp now owns 1,722 shares of the company’s stock worth $119,000 after buying an additional 858 shares in the last quarter. Fort L.P. purchased a new stake in Tyson Foods during the 2nd quarter worth approximately $119,000. Finally, Cerebellum GP LLC purchased a new stake in Tyson Foods during the 3rd quarter worth approximately $170,000. Institutional investors own 70.18% of the company’s stock.

Shares of Tyson Foods stock traded up $0.58 on Monday, hitting $62.08. The company’s stock had a trading volume of 3,828,595 shares, compared to its average volume of 2,210,410. The company has a quick ratio of 0.66, a current ratio of 1.48 and a debt-to-equity ratio of 0.71. Tyson Foods has a 1 year low of $56.79 and a 1 year high of $84.65. The firm has a market cap of $22.71 billion, a PE ratio of 11.69, a P/E/G ratio of 0.94 and a beta of 0.17.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats.

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Analyst Recommendations for Tyson Foods (NYSE:TSN)

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