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Tyson Foods: Analysts Are Recommending a ‘Buy’


Dec. 29 2017, Updated 7:35 a.m. ET

Analysts remain positive

Most of the analysts rating Tyson Foods (TSN) are maintaining a favorable outlook on the stock. Sales are projected to grow in the coming quarters, driven by higher demand for protein-rich foods in the domestic and international markets. Sales for all its business segments are expected to rise due to higher demand and an ample supply of livestock. Higher average selling prices, driven by improved demand and incremental sales from the AdvancePierre Foods acquisition, are expected to further boost the company’s top-line growth.

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Tyson Foods’ EPS (earnings per share) is anticipated to rise, driven by higher volumes and pricing. Lower feed costs and cost-savings from supply-chain and procurement should further boost the company’s profitability. Management expects its top and bottom lines to see healthy growth in fiscal 2018, reflecting favorable market conditions.

Ratings summary and price target

Of the 16 analysts covering Tyson Foods stock, 69% are recommending a “buy” for the stock, and 31% are recommending a “hold.” Analysts are maintaining a price target of $83.27 per share on TSN stock, which implies an upside of 3.3% to its closing price of $80.62 on December 22, 2017.

In comparison, most analysts are maintaining a “neutral” stance on Tyson’s peers Hormel Foods (HRL), Pilgrim’s Pride (PPC), and Sanderson Farms (SAFM).


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