Stifel analyst Matthew Smith, CFA maintains $Lamb Weston (LW.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 66.2% and a total average return of 14.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Lamb Weston (LW.US)$'s main analysts recently are as follows:
After a notable investment firm acquired a 5% stake in Lamb Weston and expressed intentions to recommend a strategic review, there is additional scrutiny on the company's management, especially considering the 34% decline in share value since the start of the year prior to the announcement. It's assessed as somewhat improbable that major consumer brands would show significant acquisition interest. Lamb Weston's considerable engagement in the foodservice sector introduces higher fluctuations in performance compared to traditional, stable 'center store' packaged food producers, due to the influence of overarching market trends and the variability of annual potato crop quality on the business outcomes.
Following the disclosure that an activist investor has acquired a 5% stake in Lamb Weston, there is a perception that this could lead to conversations regarding strategic alternatives with the company's board, among other subjects. This development is seen as a positive influence that may, at the very least, intensify the company's drive to enhance its performance.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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