Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Hormel Foods Corp has a consensus price target of $36.2 based on the ratings of 11 analysts. The high is $54 issued by Argus Research on December 30, 2022. The low is $28 issued by Goldman Sachs on March 1, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Barclays, and Citigroup on February 18, 2025, January 22, 2025, and November 19, 2024, respectively. With an average price target of $34 between Stephens & Co., Barclays, and Citigroup, there's an implied 14.67% upside for Hormel Foods Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hormel Foods (NYSE:HRL) was reported by Stephens & Co. on February 18, 2025. The analyst firm set a price target for $31.00 expecting HRL to rise to within 12 months (a possible 4.55% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Hormel Foods (NYSE:HRL) was provided by Stephens & Co., and Hormel Foods reiterated their equal-weight rating.
The last upgrade for Hormel Foods Corp happened on January 22, 2025 when Barclays raised their price target to $36. Barclays previously had an equal-weight for Hormel Foods Corp.
The last downgrade for Hormel Foods Corp happened on March 30, 2023 when Argus Research changed their price target from N/A to N/A for Hormel Foods Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hormel Foods, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hormel Foods was filed on February 18, 2025 so you should expect the next rating to be made available sometime around February 18, 2026.
While ratings are subjective and will change, the latest Hormel Foods (HRL) rating was a reiterated with a price target of $31.00 to $31.00. The current price Hormel Foods (HRL) is trading at is $29.65, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.