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Pilgrims Pride Corp has a consensus price target of $40.33 based on the ratings of 9 analysts. The high is $55 issued by Argus Research on August 28, 2024. The low is $25 issued by Stephens & Co. on April 27, 2023. The 3 most-recent analyst ratings were released by Barclays, BMO Capital, and Stephens & Co. on November 1, 2024, November 1, 2024, and October 3, 2024, respectively. With an average price target of $45 between Barclays, BMO Capital, and Stephens & Co., there's an implied -14.64% downside for Pilgrims Pride Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pilgrims Pride (NASDAQ:PPC) was reported by Barclays on November 1, 2024. The analyst firm set a price target for $49.00 expecting PPC to fall to within 12 months (a possible -7.06% downside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Pilgrims Pride (NASDAQ:PPC) was provided by Barclays, and Pilgrims Pride maintained their equal-weight rating.
The last upgrade for Pilgrims Pride Corp happened on July 13, 2023 when BMO Capital raised their price target to $28. BMO Capital previously had a market perform for Pilgrims Pride Corp.
The last downgrade for Pilgrims Pride Corp happened on August 15, 2024 when B of A Securities changed their price target from $47 to $47 for Pilgrims Pride Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pilgrims Pride, 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 Pilgrims Pride was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest Pilgrims Pride (PPC) rating was a maintained with a price target of $45.00 to $49.00. The current price Pilgrims Pride (PPC) is trading at is $52.72, which is out of the analyst’s predicted range.
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