Fresh Del Monte Produce – Consensus Indicates Potential 57.2% Upside

Broker Ratings

Fresh Del Monte Produce with ticker code (FDP) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 42 and 36 calculating the average target price we see 39.33. With the stocks previous close at 25.02 this indicates there is a potential upside of 57.2%. There is a 50 day moving average of 23.54 while the 200 day moving average is 24.61. The company has a market capitalisation of $1,185m. Visit the company website at: http://www.freshdelmonte.com

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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 engages in manufacturing 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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