Barclays (LON:BARC) analyst Andrew Lazar maintained a Hold rating on Treehouse Foods on Friday, setting a price target of $48, which is approximately 5.06% above the present share price of $45.69.
Lazar expects Treehouse Foods to post earnings per share (EPS) of $0.03 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Hold rating of shares in TreeHouse Foods (NYSE:THS), with an average price target of $48.
The analysts price targets range from a high of $50 to a low of $46.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.06 billion and a net profit of $11 million. The company's market cap is $2.57 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 8.2% and a 66.67% success rate.
TreeHouse Foods, Inc. is a food manufacturer servicing primarily in retail grocery and foodservice channels. Its products include non dairy powdered creamers and sweeteners; condensed, ready to serve, and powdered soups; refrigerated and shelf stable salad dressings and sauces; powdered drink mixes; single serve hot beverages; specialty teas; hot and cold cereals; macaroni and cheese, skillet dinners and other value added side dishes and salads; salsa and Mexican sauces; jams and pie fillings; pickles and related products; aseptic sauces; and liquid non dairy creamer. It operates through the following segments: Baked Goods, Beverages and Meal Solutions. The Baked Goods segment sells bars; candy; cookies; crackers; in-store bakery products; pita chips; pretzels; refrigerated dough; and retail griddle waffles, pancakes, and French toast. The Beverages segment sells broths; liquid non-dairy creamer; non-dairy powdered creamers; powdered drinks; ready-to-drink coffee; single serve hot beverages; specialty teas, and sweeteners. The Meal Solutions segment sells aseptic cheese and pudding products; baking and mix powders; hot cereals; jams, preserves, and jellies; macaroni and cheese; mayonnaise; Mexican, barbeque, and other sauces; pasta; pickles and related products; powdered soups and gravies; refrigerated and shelf stable dressings and sauces; skillet dinners; and table and flavored syrups. The company was founded on January 25, 2005 and is headquartered in Oak Brook, IL.