Pilgrim’s Pride Corporation with ticker code (PPC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 39 and 20 with a mean TP of 29.86. Given that the stocks previous close was at 20.8 this would indicate that there is a potential upside of 43.6%. The day 50 moving average is 20.21 while the 200 day moving average is 25.29. The company has a market capitalisation of $5,103m. Visit the company website at: http://www.pilgrims.com
Pilgrim’s Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products in the United States, the United Kingdom, Mexico, France, Puerto Rico, the Netherlands, rest of Europe, the Middle East, Asia, and internationally. The company offers fresh chicken and pork products, including pre-marinated or non-marinated refrigerated (nonfrozen) whole or cut-up chickens; frozen whole chickens; breast fillets; pork cuts; added value pork and pork ribs; mini breast fillets; and prepackaged case-ready chickens, such as whole chickens and chicken parts. It also provides prepared chicken products comprising portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts. The company offers its products under the Pilgrim’s, Just BARE, Gold’n Pump, Gold Kist, County Pride Chicken, Pierce Chicken, Pilgrim’s Mexico, County Post, Savoro, To-Ricos, Del Dia, Moy Park, and O’Kane brands. Pilgrim’s Pride Corporation sells its products to the foodservice market that includes chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, which comprises primarily grocery store chains, wholesale clubs, and other retail distributors. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim’s Pride Corporation is a subsidiary of JBS S.A.