Free Trial

Pilgrim's Pride (PPC) Stock Forecast & Price Target

Pilgrim's Pride logo
$51.71 -0.54 (-1.03%)
(As of 11/22/2024 ET)

Pilgrim's Pride - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
1

Based on 6 Wall Street analysts who have issued ratings for Pilgrim's Pride in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 5 have given a hold rating, and 1 has given a buy rating for PPC.

Consensus Price Target

$45.50
-12.01% Downside
According to the 6 analysts' twelve-month price targets for Pilgrim's Pride, the average price target is $45.50. The highest price target for PPC is $55.00, while the lowest price target for PPC is $36.00. The average price target represents a forecasted downside of -12.01% from the current price of $51.71.
Get the Latest News and Ratings for PPC and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Pilgrim's Pride and its competitors.

Sign Up

PPC Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$45.50$45.33$44.40$26.00
Forecasted Upside-12.01% Downside-1.90% Downside-0.74% Downside-0.31% Downside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

PPC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PPC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Pilgrim's Pride Stock vs. The Competition

TypePilgrim's PrideConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.17
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-12.01% Downside35.59% Upside7.66% Upside
News Sentiment Rating
Very Positive News

See Recent PPC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$45.00 ➝ $49.00-3.33%
11/1/2024BMO Capital Markets
4 of 5 stars
A. Strelzik
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetMarket Perform ➝ Market Perform$42.00 ➝ $43.00-15.05%
10/3/2024Stephens
4 of 5 stars
P. Sharma
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageEqual Weight$43.00-10.15%
8/28/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Staszak
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$50.00 ➝ $55.00+22.74%
8/15/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$47.00 ➝ $47.00+2.87%
4/17/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$32.00 ➝ $36.00+2.48%
Let’s be blunt (Ad)

Let me be blunt with you for just a second… You may think you know when and why stocks move, but you’re wrong… Most traders have no idea about the biggest secret Wall Street keeps — even though it’s hiding in plain sight. But once you’ve cracked this code… It could be the breakthrough you need to start targeting $100-$150 a day in the stock market (starting with just $1,000)!


Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:58 AM ET.


PPC Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Pilgrim's Pride is $45.50, with a high forecast of $55.00 and a low forecast of $36.00.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pilgrim's Pride in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PPC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PPC, but not buy additional shares or sell existing shares.

According to analysts, Pilgrim's Pride's stock has a predicted downside of -12.01% based on their 12-month stock forecasts.

Pilgrim's Pride has been rated by research analysts at Argus, Barclays, BMO Capital Markets, and Stephens in the past 90 days.

Analysts like Pilgrim's Pride less than other "consumer staples" companies. The consensus rating score for Pilgrim's Pride is 2.17 while the average consensus rating score for "consumer staples" companies is 2.49. Learn more on how PPC compares to other companies.


This page (NASDAQ:PPC) was last updated on 11/25/2024 by MarketBeat.com Staff
From Our Partners