BMO Capital analyst Kenneth Zaslow maintained a Buy rating on Darling Ingredients (NYSE:DAR) on Wednesday, setting a price target of $86, which is approximately 28.19% above the present share price of $67.09.
Zaslow expects Darling Ingredients to post earnings per share (EPS) of $0.91 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Darling Ingredients, with an average price target of $95.17.
The analysts price targets range from a high of $109 to a low of $86.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.19 billion and a net profit of $151.21 million. The company's market cap is $10.86 billion.
According to TipRanks.com, BMO Capital analyst Kenneth Zaslow is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.3% and a 71.15% success rate.
Darling Ingredients, Inc. engages in the development and production of natural ingredients from edible and inedible bio-nutrients. It operates through the following segments: Feed Ingredients, Food Ingredients and Fuel Ingredients. The Feed Ingredients segment includes ingredients business such as fats and proteins used cooking oil, trap grease and food residuals collection, the Rothsay ingredients, and the ingredients and specialty products. The Food Ingredients segment comprises gelatin, natural casings and meat by-products, and specialty products activities. The Fuel Ingredients segment consists of biofuel and bioenergy services. The company was founded in 1882 and is headquartered in Irving, TX.