Several other equities analysts have also recently issued reports on PPC. KeyCorp initiated coverage on Pilgrim's Pride in a research note on Tuesday, October 31st. They set a hold rating on the stock. BidaskClub cut Pilgrim's Pride from a strong-buy rating to a buy rating in a research note on Tuesday, November 7th. BMO Capital Markets raised their price objective on Pilgrim's Pride from $24.00 to $38.00 and gave the stock a market perform rating in a research note on Thursday, November 9th. Jefferies Group set a $32.00 price objective on Pilgrim's Pride and gave the stock a hold rating in a research note on Thursday, November 16th. Finally, ValuEngine cut Pilgrim's Pride from a strong-buy rating to a buy rating in a research note on Friday, December 15th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $29.00.
Pilgrim's Pride (NASDAQ PPC) opened at $25.20 on Tuesday. Pilgrim's Pride has a one year low of $20.26 and a one year high of $38.39. The stock has a market capitalization of $6,323.29, a price-to-earnings ratio of 8.83 and a beta of 0.03. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.87 and a current ratio of 1.73.
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Pilgrim's Pride Company Profile
Pilgrim’s Pride Corporation is a retail feed store. It is a producer and seller of chicken with operations in the United States, Mexico and Puerto Rico. It is engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken products to retailers, distributors and foodservice operators.
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