Hormel Foods PT receives Investment Bank Analyst Rating Update
By Liz Moyer Investing.com -- Wall Street has taken a pessimistic stance on plant-alternative foods lately, despite rising food inflation and a broad movement by consumers to adopt...
By Liz Moyer Investing.com -- Stocks were struggling for direction on Wednesday as investors waited to hear what Federal Reserve Chair Jerome Powell will say in a speech he is...
Actions and reactions. That is one way to sum up the week that was in the markets, as events – both big and small – reverberated through Wall Street and beyond. First, yesterday’s...
Hormel Foods Corporation is a global food company. Its segments include Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. The Grocery Products segment consists primarily of the processing, marketing, and sale of shelf-stable food products sold predominantly in the retail market, along with the sale of nutritional and private label shelf-stable products to retail, foodservice, and industrial customers. The Refrigerated Foods segment consists primarily of the processing, marketing, and sale of branded and unbranded pork, beef, and poultry products for retail, foodservice, deli, convenience store, and commercial customers. The Jennie-O Turkey Store segment consists primarily of the processing, marketing, and sale of branded and unbranded turkey products for retail, foodservice, and commercial customers. The International & Other segment includes Hormel Foods International, which manufactures, markets, and sells Company's products internationally.
|Average||46.17 (+1.82% Upside)|
|No. of Analysts||6|