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Price
Target price
€33.02

€33.02

1.220%
0.4
1.220%
€25.89
 
26.04.24 / Tradegate WKN: 850875 / Symbol: HRL / Name: Hormel Foods / Stock / Food & Tobacco / Large Cap /
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Hormel Foods Corp. Stock

Hormel Foods Corp. gained 1.220% today.
Our community is currently low on Hormel Foods Corp. with 0 Buy predictions and 5 Sell predictions.
A potential of -24.29%, resulting from comparing the current price of 33.02 € with the target price of 25 € for Hormel Foods Corp., shows the chance of incurring significant losses.

Pros and Cons of Hormel Foods Corp. in the next few years

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Performance of Hormel Foods Corp. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Hormel Foods Corp. 1.220% 1.257% 4.066% -8.557% 14.059% -13.219% -7.481%
J.M. Smucker Corp. -0.470% -1.439% -6.760% -23.377% -6.596% -1.025% -3.014%
Campbell Soup Co. -0.210% 1.036% 4.669% -15.210% 7.763% 5.752% 20.046%
Mccormick & Comp. 0.600% 1.988% -1.145% -8.078% 15.015% -5.324% 3.661%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-05-20

In general, Hormel Foods Corporation (HRL) appears to have a solid financial standing, given its well-established presence in the Food & Tobacco industry. The company's total assets have grown consistently over the past two fiscal years, indicating an expansion in its business and stability. However, a deeper analysis of the financial statements is required to better understand the pros and cons of this company.

*Pros: *

Growing Total Assets: The total assets of Hormel Foods have increased from $9.9 billion in 2020 to $13.3 billion in 2022. This growth suggests that the company is expanding and possibly investing in new avenues that could improve its overall performance.

Comments

Prediction Sell
Perf. (%) 8.25%
Target price 25.858
Change
Ends at 01.03.25

Hormel Foods Co. (NYSE: HRL) had its price target raised by analysts at JPMorgan Chase & Co. from $27.00 to $28.00. They now have an "underweight" rating on the stock.
Ratings data for HRL provided by MarketBeat
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Prediction Sell
Perf. (%) 2.86%
Target price 25.889
Change
Ends at 01.03.25

Hormel Foods Co. (NYSE: HRL) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $26.00 to $28.00. They now have a "sell" rating on the stock.
Ratings data for HRL provided by MarketBeat
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Prediction Sell
Perf. (%) 19.67%
Target price 23.839
Change
Ends at 30.11.24

Hormel Foods Co. (NYSE: HRL) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $29.00 to $26.00. They now have a "sell" rating on the stock.
Ratings data for HRL provided by MarketBeat
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