CLSA upgraded Tyson Foods (NYSE:TSN) from Outperform to Buy in a report released today.
- Updated: October 10, 2016
Yesterday Tyson Foods (NYSE:TSN) traded 4.00% higher at $67.75. The company’s 50-day moving average is $74.71 and its 200-day moving average is $69.14. The last stock close price is down 1.92% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,021,029 shares of the stock were exchanged, down from an average trading volume of 2,739,290
CLSA has upgraded Tyson Foods (NYSE:TSN) from Outperform to Buy in a report released on 10/10/2016.
Previously on 10/07/2016, Pivotal Research reported about Tyson Foods (NYSE:TSN) lowered the target price from $100.00 to $40.00. At the time, this indicated a possible downside of -0.46%.
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Tyson Foods has a 52 week low of $42.89 and a 52 week high of $77.05 with a P/E ratio of 17.13 TSN’s total market value is presently $0.
A total of 11 equity analysts have released a research note on TSN. Five equity analysts rating the company a strong buy, three equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $76.82.
More About Tyson Foods (NYSE:TSN)
Tyson Foods, Inc. is a food company. The Company is engaged in offering chicken, beef and pork, as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. It operates through four segments: Chicken, Beef, Pork and Prepared Foods. It operates a vertically integrated chicken production process, which consists of breeding stock, contract growers, feed production, processing, further-processing and transportation of chicken and related allied products, including animal and pet food ingredients. Through its subsidiary, Cobb-Vantress, Inc., the Company is engaged in supplying poultry breeding stock across the world. It produces a range of fresh, frozen and refrigerated food products. Its foreign markets include Canada, China, the European Union, Japan, South Korea and Taiwan.
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