Breaking Finance News

Fresh Del Monte Produce Inc (NYSE:FDP) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.

Having a price of $59.64, Fresh Del Monte Produce Inc (NYSE:FDP) traded -0.85% lower on the day. With the last stock price up 13.55% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. FDP has recorded a 50-day average of $59.16 and a two hundred day average of $53.71. Trade Volume was down over the average, with 146,338 shares of FDP changing hands under the typical 212,948

Zacks Investment Research has downgraded Fresh Del Monte Produce Inc (NYSE:FDP) to Hold in a statement released on 10/11/2016.

On 8/3/2016, Wunderlich released a statement about Fresh Del Monte Produce Inc (NYSE:FDP) upped the target price from $60.00 to $70.00 that suggested an upside of 0.21%.

Recent Performance Chart

Fresh Del Monte Produce Inc (NYSE:FDP)

Fresh Del Monte Produce Inc has PE ratio of 24.06 with a one year low of $36.68 and a one year high of $62.45 and has a market capitalization of $0.

A total of 1 brokerage has issued a ratings update on Fresh Del Monte Produce Inc. zero brokerages rating the company a strong buy, two brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $60.00.

General Company Details For 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, Rosy and Fruit Express.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *