Dean Foods Rating Increased to Buy at Deutsche Bank (DF)

By admin | 6 years ago

Dean Foods (NYSE: DF) was upgraded by Deutsche Bank (NYSE: DB) from a “hold” rating to a “buy” rating in a research note issued on Thursday.

DF has been the subject of a number of other recent research reports. Analysts at UBS AG (NYSE: UBS) raised their price target on shares of Dean Foods from $13.50 to $15.50 in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Dean Foods in a research note to investors on Thursday, March 15th. They now have a $13.00 price target on the stock.

Dean Foods traded down 0.41% on Thursday, hitting $14.57. Dean Foods has a 52-week low of $7.83 and a 52-week high of $14.70. The company’s market cap is $2.682 billion.

Dean Foods last posted its quarterly earnings results on Wednesday, May 9th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.10. The company’s quarterly revenue was up 5.4% on a year-over-year basis. Analysts expect that Dean Foods will post $0.24 EPS next quarter.

Dean Foods Company is a food and beverage company. The Company operates through two segments: Fresh Dairy Direct and WhiteWave-Morningstar.

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