Dean Foods (NYSE:DF)‘s stock had its “buy” rating reaffirmed by BMO Capital Markets in a research note issued on Wednesday, American Banking News reports. They currently have a $23.00 target price on the stock. BMO Capital Markets’ target price suggests a potential upside of 26.37% from the company’s current price.
Shares of Dean Foods (NYSE:DF) traded down 1.43% on Wednesday, hitting $17.94. The stock had a trading volume of 2,799,940 shares. Dean Foods has a 52-week low of $13.5179 and a 52-week high of $22.96. The stock has a 50-day moving average of $18.85 and a 200-day moving average of $19.. The company has a market cap of $1.685 billion and a price-to-earnings ratio of 3.38.
Dean Foods (NYSE:DF) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.14 by $0.02. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter last year, the company posted $0.33 earnings per share. Dean Foods’s revenue was down 2.0% compared to the same quarter last year. On average, analysts predict that Dean Foods will post $0.98 earnings per share for the current fiscal year.
A number of other firms have also recently commented on DF. Analysts at Deutsche Bank cut their price target on shares of Dean Foods from $25.00 to $23.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Credit Suisse downgraded shares of Dean Foods from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday. They now have a $19.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $18.82.
Dean Foods Company is a food and beverage company. The Company operates through two segments: Fresh Dairy Direct and The WhiteWave Foods Company (NYSE:DF).
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