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Hormel Foods Corporation (NYSE:HRL) stock price target increased to $50.00, issued a research note today by Stephens

Yesterday Hormel Foods Corporation (NYSE:HRL) traded 0.26% higher at $33.95. Hormel Foods Corporation’s 50-day moving average is $32.60 and its 200-day moving average is $33.86. The last stock price is up -7.64% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 1,719,124 shares of HRL traded hands, down from an avg. volume of 2,296,210

In a report released on 06/16/2017 Stephens increased the stock price target of Hormel Foods Corporation (NYSE:HRL) to $50.00 indicating a possible upside of 0.47%.

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Hormel Foods Corporation (NYSE:HRL)

With a total market value of $0, Hormel Foods Corporation has price-earnings ratio of 19.30 with a one year low of $30.50 and a one year high of $38.84 .

A total of 8 equity analysts have released a research note on HRL. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $42.50.

Brief Synopsis About Hormel Foods Corporation (NYSE:HRL)

Hormel Foods Corporation is engaged in the production of a range of meat and food products. The Company operates through five segments: Grocery Products, which is engaged in the processing, marketing and sale of shelf-stable food products sold for the retail market; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork, beef, chicken and turkey products for retail, foodservice and fresh product customers; Jennie-O Turkey Store (JOTS), which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; Specialty Foods, which consists of the packaging and sale of nutritional and private label shelf-stable products to industrial, retail and foodservice customers, and International & Other, which includes Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally.

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