Fresh Del Monte Produce – Consensus Indicates Potential 26.6% Upside

Broker Ratings

Fresh Del Monte Produce found using ticker (FDP) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 42 and 35 calculating the average target price we see 38.5. Given that the stocks previous close was at 30.42 this is indicating there is a potential upside of 26.6%. The 50 day moving average now sits at 31.53 while the 200 day moving average is 31.57. The company has a market cap of $1,432m. You can visit the company’s website by visiting: http://www.freshdelmonte.com

Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. It offers fresh and value added products, such as pineapples, melons, grapes, apples, citrus, blueberries, strawberries, pears, tomatoes, peaches, plums, nectarines, cherries and kiwis, avocados, fresh-cut and prepared fruits and vegetables, juices and other beverages, prepared meals and snacks, bananas, and other fruits and vegetables. The company also engages in poultry and meat products business; and ocean freight business. In addition, it manufactures and sells plastic and box products, such as bins, trays, bags, and boxes. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Fruit Express, Just Juice, Fruitini, Mann’s Logo, Arcadian Harvest, Nourish Bowls, Broccolini, Caulilini, Better Burger Leaf, RomaLeaf, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.

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