Tyson Foods (NYSE:TSN) had its target price lifted by BMO Capital Markets from $31.00 to $34.00 in a research note released on Tuesday morning, AnalystRatingsNetwork.com reports. They currently have an outperform rating on the stock.
BMO Capital Markets has also taken action a number of other consumer staples stocks recently. The firm raised its price target on shares of Snyders-Lance Inc. from $25.00 to $27.00. They have a market perform rating on that stock. Also, BMO Capital Markets raised its price target on shares of Boulder Brands Inc. from $11.00 to $14.00. They have a market perform rating on that stock. Finally, BMO Capital Markets raised its price target on shares of Kraft Foods Group Inc. to $61.00.
A number of other firms have also recently commented on TSN. Analysts at Zacks reiterated a neutral rating on shares of Tyson Foods in a research note to investors on Tuesday. They now have a $31.00 price target on the stock. Separately, analysts at DA Davidson reiterated a buy rating on shares of Tyson Foods in a research note to investors on Monday. They now have a $40.00 price target on the stock, up previously from $34.00. Finally, analysts at Credit Suisse raised their price target on shares of Tyson Foods from $24.00 to $30.00 in a research note to investors on Thursday, August 1st. They now have a neutral rating on the stock.
One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company’s stock. Tyson Foods has an average rating of Buy and a consensus target price of $30.50.
Shares of Tyson Foods (NYSE:TSN) traded up 0.88% during mid-day trading on Tuesday, hitting $30.87. Tyson Foods has a one year low of $14.75 and a one year high of $30.93. The stock’s 50-day moving average is currently $26.87. The company has a market cap of $10.954 billion and a P/E ratio of 20.99.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.65%.
Tyson Foods, Inc and its subsidiaries is a meat protein companies and food production company. The Company produces, distributes and markets chicken, beefs, pork, prepared foods and related allied products.
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