Equities research analysts at Deutsche Bank decreased their price target on shares of Dean Foods (NYSE:DF) from $25.00 to $23.00 in a research note issued to investors on Wednesday, ARN reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 26.37% from the stock’s previous close.
DF has been the subject of a number of other recent research reports. 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. Separately, analysts at BMO Capital Markets upgraded shares of Dean Foods from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, October 21st. They now have a $23.00 price target on the stock, up previously from $22.00. Finally, analysts at Sanford C. Bernstein cut their price target on shares of Dean Foods from $24.00 to $20.00 in a research note to investors on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $18.82.
Dean Foods (NYSE:DF) traded down 1.10% on Wednesday, hitting $18.00. The stock had a trading volume of 2,375,648 shares. Dean Foods has a 1-year low of $13.5179 and a 1-year high of $22.96. The stock’s 50-day moving average is $18.85 and its 200-day moving average is $19.. The company has a market cap of $1.691 billion and a P/E ratio of 3.38.
Dean Foods (NYSE:DF) last released its earnings data 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 in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was down 2.0% on a year-over-year basis. Analysts expect that Dean Foods will post $0.98 EPS for the current fiscal year.
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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