Pilgrim's Pride Set For Growth As Analyst Projects Rising Demand For Chicken
Pilgrim's Pride Set For Growth As Analyst Projects Rising Demand For Chicken
Shares of Pilgrim's Pride Corp (NASDAQ:PPC) remained highly volatile in early trading on Tuesday.
週二早盤，Pilgrim's Pride Corp (NASDAQ:PPC) 的股價波動較大。
The company is facing high demand for chicken from both full-service restaurants and fast-food chains due to beef shortages, according to Argus Research.
據雅運股份（Argus Research）消息，該公司因牛肉短缺，全面服務餐廳和快餐連鎖店對雞肉的需求旺盛。
The Pilgrim's Pride Analyst: John Staszak initiated coverage of Pilgrim's Pride with a Buy rating and price target of $41.
Pilgrim's Pride分析師John Staszak給予Pilgrim's Pride買入評級，目標價爲41美元。
The Pilgrim's Pride Thesis: The company should be able to generate low single-digit supply growth over the next five years, Staszak said in the initiation note.
Staszak在其發起覆蓋稱，未來五年內該公司的供應增長率應該能夠達到低個位數。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Chicken sales could exceed sales of other proteins, like beef, pork and turkey, in mature markets, such as the U.S. and Europe, due to health-conscious consumers preferring chicken, the analyst stated. In emerging markets, chicken sales could be boosted by income growth, he added.
由於注重健康的消費者更喜歡雞肉，在成熟市場例如美國和歐洲，雞肉銷量可能超過其他蛋白質例如牛肉、豬肉和火雞肉。此外，分析師表示，在新興市場，隨着收入的增長，雞肉的銷售可能會得到提振。
Following supply-chain headwinds in early 2023, Pilgrim's Pride is poised for margin expansion, Staszak said. "Pilgrim's Pride is planning to allocate its strong cash flow to growth initiatives and we expect it to exceed its capital expenditures guidance," he further wrote.
Staszak表示，在2023年初遭遇供應鏈逆風之後，Pilgrim's Pride有望實現利潤增長。他進一步寫道：“Pilgrim's Pride計劃將強大的現金流用於增長倡議，我們預計其將超過其資本支出指導。”
PPC Price Action: Shares of Pilgrim's Pride had risen by 1.6% to $35.30 at the time of publication on Tuesday.
截至週二發佈時，Pilgrim's Pride的股價已上漲1.6%，報35.30美元。
Photo: Unsplash
照片：Unsplash
譯文內容由第三人軟體翻譯。