Barclays (LON:BARC) analyst Andrew Lazar maintained a Buy rating on Lamb Weston Holdings (NYSE:LW) on Friday, setting a price target of $84, which is approximately 9.33% above the present share price of $76.83.
Lazar expects Lamb Weston Holdings to post earnings per share (EPS) of $0.66 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Lamb Weston Holdings, with an average price target of $82.
The analysts price targets range from a high of $84 to a low of $80.
In its latest earnings report, released on 11/30/2020, the company reported a quarterly revenue of $896.1 million and a net profit of $139.6 million. The company's market cap is $11.24 billion.
According to TipRanks.com, Barclays analyst Andrew Lazar is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.4% and a 68.16% success rate.
Lamb Weston Holdings, Inc. engages in the production, distribution, and marketing of value-added frozen potato products. It operates through the following business segments: Global, Foodservice, Retail, and Other. The Global segment includes branded and private label frozen potato products sold in North America and international markets. The Foodservice segment comprises branded and private label frozen potato products sold throughout the United States and Canada. The Retail segment consists consumer facing retail branded and private label frozen potato products sold primarily to grocery, mass merchants, club, and specialty retailers. The Other segment compose of vegetable and dairy businesses. The company was founded on July 5, 2016 and is headquartered in Eagle, ID.