Hormel Foods Corp (NYSE:HRL) gets downgraded to Hold by Jefferies Financial Group with a price target of $44.00

Analyst Ratings For Hormel Foods Corp (NYSE:HRL)

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Today, Hormel Foods Corp (NYSE:HRL) stock was downgraded by Jefferies Financial Group from Buy to Hold with a price target of $44.00.

There are 7 Hold Ratings, 2 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Hormel Foods Corp (NYSE:HRL) is Hold with a consensus target price of $40.6250 per share, a potential 8.40% downside.

Some recent analyst ratings include

  • 11/27/2018-Hormel Foods Corp (NYSE:HRL) gets downgraded to Hold by Jefferies Financial Group with a price target of $44.00
  • 11/6/2018-Hormel Foods Corp (NYSE:HRL) gets downgraded to Sell by Vertical Group
  • 9/28/2018-Hormel Foods Corp (NYSE:HRL) has coverage initiated with a Neutral ➝ Neutral rating and $41.00 price target
  • 9/17/2018-Hormel Foods Corp (NYSE:HRL) gets downgraded to Market Perform by BMO Capital Markets with a price target of $44.00


  • On 10/5/2018 Kevin L Myers, Insider, sold 2,734 with an average share price of $39.90 per share and the total transaction amounting to $109,086.60.
  • On 9/19/2018 Dakota A Pippins, Director, sold 1,750 with an average share price of $39.59 per share and the total transaction amounting to $69,282.50.
  • On 9/17/2018 Deanna T Brady, Insider, sold 48,000 with an average share price of $41.05 per share and the total transaction amounting to $1,970,400.00.
  • On 9/14/2018 Terrell K Crews, Director, sold 6,630 with an average share price of $42.07 per share and the total transaction amounting to $278,924.10.
  • On 9/11/2018 Glenn S Forbes, Director, sold 13,200 with an average share price of $41.56 per share and the total transaction amounting to $548,592.00.
  • On 9/11/2018 Lori J Marco, VP, sold 7,000 with an average share price of $41.50 per share and the total transaction amounting to $290,500.00.
  • On 9/5/2018 Gary Jamison, VP, sold 8,000 with an average share price of $39.75 per share and the total transaction amounting to $318,000.00.

About Hormel Foods Corp (NYSE:HRL)
Hormel Foods Corporation produces and markets various meat and food products in the United States and internationally. The company operates through five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products, such as canned luncheon meats, peanut butter, chilies, shelf-stable microwaveable meals, hash, stews, meat spreads, flour and corn tortillas, salsas, tortilla chips, and other products. The company also provides turkey products; nutritional food products and supplements; dessert and drink mixes; and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.

Recent Trading Activity for Hormel Foods Corp (NYSE:HRL)
Shares of Hormel Foods Corp closed the previous trading session at 44.36 −1.35 2.96% with shares trading hands.

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