Flowers Foods – Consensus Indicates Potential 5.0% Upside

Broker Ratings

Flowers Foods found using ticker (FLO) have now 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 29.33. Given that the stocks previous close was at 27.94 this indicates there is a potential upside of 5.0%. There is a 50 day moving average of 27.92 while the 200 day moving average is 27.34. The company has a market cap of $5,903m. Company Website:

The potential market cap would be $6,197m based on the market concensus.

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Flowers Foods produces and markets packaged bakery food products in the United States. Its principal products include 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 bakeries. Its customers include national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries; wholesale distributors; mass merchandisers, supermarkets and other retailers, vending outlets, and convenience stores; quick-serve chains, food wholesalers, dollar stores, and vending companies; and public health care, military commissaries, and prisons, and other governmental institutions. 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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