Exane BNP Paribas analyst Max Gumport maintained a Hold rating for Hormel Foods with a $25.00 price target, citing a Moderate Buy consensus with an average price target of $29.57. The analyst has a 3-star rating with a 4.8% average return and a 66.67% success rate. The stock's market cap is $13.87B and has a P/E ratio of 21.16.
In the past three months, Hormel Foods Corporation (HRL) has been the subject of varying analyst ratings and price targets. As of July 2025, the stock has received a Moderate Buy consensus rating based on six analysts' evaluations [1]. The average price target for HRL stands at $33.80, representing a 17.52% upside from the current price of $28.76 [1].
Among the analysts, Exane BNP Paribas' Max Gumport maintained a Hold rating with a $25.00 price target, citing a Moderate Buy consensus with an average price target of $29.57. Gumport has a 3-star rating with a 4.8% average return and a 66.67% success rate [1]. The stock's market cap is $13.87 billion and has a P/E ratio of 21.16 [1].
In contrast, JPMorgan Chase & Co. upgraded Hormel Foods to "overweight" with a price target increased to $34, citing positive growth prospects [1]. This upgrade reflects a bullish view on the company's future performance. Other analysts, such as Barclays' Benjamin Theurer and Bank of America Securities' Peter Galbo, also maintained positive ratings, reiterating their Buy and Hold positions, respectively [1].
However, not all analyst views are positive. CFRA downgraded Hormel Foods to a Sell rating with a price target of $26.00, citing concerns about the company's valuation and competitive landscape [1]. This downgrade represents a significant shift in sentiment, suggesting that some analysts believe the stock is overvalued.
The mixed analyst ratings reflect a range of views on Hormel Foods' prospects. While some analysts see growth opportunities, others are more cautious. Investors should carefully consider these varying opinions when making investment decisions. It is essential to stay informed about the latest analyst ratings and price targets to make well-informed investment choices.
References:
[1] https://www.tipranks.com/stocks/hrl/forecast
Comments
No comments yet