D.A. Davidson analyst Brian Holland maintained a Hold rating on Flowers Foods (FLO – Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $25.49.
According to TipRanks, Holland is a 4-star analyst with an average return of 6.2% and a 57.14% success rate. Holland covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, Simply Good Foods, and Kellanova.
The word on The Street in general, suggests a Hold analyst consensus rating for Flowers Foods with a $20.00 average price target, a -21.54% downside from current levels. In a report released today, Truist Financial also maintained a Hold rating on the stock with a $12.00 price target.
FLO market cap is currently $5.38B and has a P/E ratio of 44.07.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Flowers Foods (FLO) Company Description:
Flowers Foods, Inc. engages in the manufacture and sale of bakery products. The firm offers bakery foods for retail and food service customers in the United States. Its brands include Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Tastykake, and Merita. The company was founded by William Howard Flowers, Sr. and Joseph Hampton Flowers, Jr. in 1919 and is headquartered in Thomasville, GA.
