In a report released today, Ben Klieve from Lake Street maintained a Buy rating on The Andersons, with a price target of $55.00. The company’s shares closed yesterday at $40.46.
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Klieve covers the Consumer Defensive sector, focusing on stocks such as Lifeway Foods, Vital Farms, and Limoneira Co. According to TipRanks, Klieve has an average return of 3.4% and a 44.17% success rate on recommended stocks.
The Andersons has an analyst consensus of Moderate Buy, with a price target consensus of $47.00.
Based on The Andersons’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.14 billion and a net profit of $7.86 million. In comparison, last year the company earned a revenue of $2.8 billion and had a net profit of $35.98 million
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- Trump mulls bailout of $10B or more for U.S. farmers, WSJ reports
- Andersons management to meet with Lake Street
- White House weighs forcing refineries to absorb biofuel waivers, Reuters reports
- The Andersons Elects Steven Oakland to Board
- Andersons appoints Emmanuel Ayuk as EVP, general counsel
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