Dean Foods (NYSE:DF) had its price target cut by Stifel Nicolaus from $24.00 to $22.00 in a research note issued to investors on Wednesday, AnalystRatings.NET reports. The firm currently has a buy rating on the stock.
Dean Foods (NYSE:DF) opened at 18.03 on Wednesday. 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 $18.82 and a 200-day moving average of $19.5. The company has a market cap of $1.694 billion and a P/E ratio of 3.35.
Dean Foods (NYSE:DF) last announced its earnings results on Tuesday, November 12th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the 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. Analysts expect that Dean Foods will post $0.90 EPS for the current fiscal year.
A number of other firms have also recently commented on DF. Analysts at BMO Capital Markets reiterated a buy rating on shares of Dean Foods in a research note to investors on Wednesday. They now have a $23.00 price target on the stock. Separately, 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 Deutsche Bank reiterated a positive rating on shares of Dean Foods in a research note to investors on Wednesday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company. Dean Foods presently has a consensus rating of Buy and a consensus target price of $18.91.
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).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.