Hormel Foods Corp (NYSE:HRL) gets downgraded to Sell by Goldman Sachs Group

Analyst Ratings For Hormel Foods Corp (NYSE:HRL)

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Today, Hormel Foods Corp (NYSE:HRL) stock was downgraded by Goldman Sachs Group from Neutral to Sell.

There are 6 Hold Ratings, 4 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 0.48% upside.

Some recent analyst ratings include

  • 4/23/2019-Hormel Foods Corp (NYSE:HRL) gets downgraded to Sell by Goldman Sachs Group
  • 4/23/2019-Hormel Foods Corp (NYSE:HRL) gets downgraded to Underweight by JPMorgan Chase & Co.
  • 3/4/2019-Hormel Foods Corp (NYSE:HRL) has coverage initiated with a Equal ➝ Equal Weight rating
  • 2/21/2019-Hormel Foods Corp (NYSE:HRL) had its Hold rating reiterated by Credit Suisse Group with a $39.00 price target
  • 2/21/2019-Hormel Foods Corp (NYSE:HRL) had its Hold rating reiterated by Jefferies Financial Group with a $44.00 price target
  • 11/6/2018-Hormel Foods Corp (NYSE:HRL) gets downgraded to Sell by Vertical Group
  • On 4/11/2019 Lori J Marco, VP, sold 13,000 with an average share price of $41.56 per share and the total transaction amounting to $540,280.00.
  • On 4/9/2019 Elsa A Murano, Director, sold 4,500 with an average share price of $42.13 per share and the total transaction amounting to $189,585.00.
  • On 4/4/2019 Thomas R Day, Insider, sold 6,000 with an average share price of $41.91 per share and the total transaction amounting to $251,460.00.
  • On 3/29/2019 Larry L Vorpahl, Insider, sold 180,000 with an average share price of $44.47 per share and the total transaction amounting to $8,004,600.00.
  • On 3/29/2019 Mark A Coffey, SVP, sold 15,058 with an average share price of $44.64 per share and the total transaction amounting to $672,189.12.
  • On 3/27/2019 Luis G Marconi, Insider, sold 5,700 with an average share price of $44.06 per share and the total transaction amounting to $251,142.00.
  • On 3/26/2019 Gary Jamison, VP, sold 8,000 with an average share price of $44.37 per share and the total transaction amounting to $354,960.00.

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, and International & Other. It offers various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products, such as canned luncheon meats, peanut butters, chilies, shelf-stable microwaveable meals, hashes, 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 headquartered in Austin, Minnesota.

Recent Trading Activity for Hormel Foods Corp (NYSE:HRL)
Shares of Hormel Foods Corp closed the previous trading session at 40,43 +0,050 0,12 % with 40.28 shares trading hands.

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