Flowers Foods – Consensus Indicates Potential 16.1% Upside

Broker Ratings

Flowers Foods with ticker code (FLO) now have 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 33 and 27 calculating the mean target price we have 29.5. Given that the stocks previous close was at 25.42 this now indicates there is a potential upside of 16.1%. The 50 day moving average now sits at 27.19 while the 200 day moving average is 26.9. The market capitalisation for the company is $5,302m. Visit the company website at: https://www.flowersfoods.com

The potential market cap would be $6,153m based on the market concensus.

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Flowers Foods produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley’s, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods in 2001. Flowers Foods was founded in 1919 and is headquartered in Thomasville, Georgia.

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