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A statement released earlier today by Wunderlich about Fresh Del Monte Produce Inc. (NYSE:FDP) raises the target price to $70.00

Wunderlich bumped the target stock price of Fresh Del Monte Produce Inc. (NYSE:FDP) to $70, stating a possible upside of 0.21%.

Yesterday Fresh Del Monte Produce Inc. (NYSE:FDP) traded 1.00% higher at $57.62. The company’s 50-day moving average is $58.76 and its 200-day moving average is $51.03. The last stock close is up 15.29% relative to the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the date range. Trade volume was was up over the average, with 431,089 shares of FDP changing hands over the typical 246,278 shares..

Recent Performance Graph:

Fresh Del Monte Produce Inc. (NYSE:FDP)

With a market cap of $0.0, Fresh Del Monte Produce Inc. has a 52 week low of $36.68 and a 52 week high of $60.85 with a PE ratio of 23.

A total of 1 firm has issued a research note on the company. Zero rate the stock a strong buy, two firms rate the company a buy, 0 firms rate the stock a hold, 0 rate the stock to underperform, and finally 0 analystsrate the stock as sell with an average target price of $60.00

Brief Synopsis On Fresh Del Monte Produce Inc. (NYSE:FDP)

Fresh Del Monte Produce Inc. is a holding company. Through its subsidiaries, the Company is engaged in sourcing, transportation and marketing of fresh and fresh-cut fruit and vegetables together with prepared food products in Europe, Africa and the Middle East. The Company’s operations are aggregated into business segments on the basis of its products: bananas, other fresh produce and prepared food. The Company sources fresh produced products, such as bananas, pineapples, melons, tomatoes, grapes, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries and kiwi from Central and South America, Africa, the Philippines, North America and Europe. The Company sources its prepared food products from Africa, Europe and the Middle East. It distributes its products in North America, Europe, Asia, the Middle East, Africa and South America. The Company markets its products across the world under the DEL MONTE brand and other brands, including UTC, and Rosy and Fruit Express.

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