Hormel Foods Stock Target Price and Analyst Consensus
| HRL Stock | USD 29.71 0.39 1.33% |
The current analyst and expert consensus on Hormel Foods is Hold with 9 hold recommendations. The current projected Hormel Foods target price consensus is 32.03 with 12 analyst opinions. One of the most common ways Hormel Foods analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Hormel Foods vendors, executives, and/or customers. Hormel Foods recommendation module provides expert sentiment on the projected Hormel Foods target price to derive its highest and lowest estimates based on target price standard deviation of 1.5808.
Lowest Forecast 29.15 | Highest Forecast 35.56 | Target Price 32.03 |
Hormel |
It's important to approach Hormel Foods' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Hormel Foods Target Price Consensus
Hormel target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hormel Foods' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 12 | Hold |
Most Hormel analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hormel stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hormel Foods, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHormel Foods Target Price Projection
Hormel Foods' current and average target prices are 29.71 and 32.03, respectively. The current price of Hormel Foods is the price at which Hormel Foods is currently trading. On the other hand, Hormel Foods' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Hormel Foods Market Quote on 10th of April 2025
Target Price
Analyst Consensus On Hormel Foods Target Price
Hormel Foods Analyst Ratings
Hormel Foods' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Hormel Foods stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Hormel Foods' financials, market performance, and future outlook by experienced professionals. Hormel Foods' historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Hormel Foods price targets
Hormel Foods' stock target price is an estimate of its future price, usually made by analysts. Using Hormel Foods' target price to determine if it is a suitable investment can be done through the following steps:- Look at Hormel Foods' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Hormel Foods' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Hormel Foods Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Hormel Foods is a key component of Hormel Foods valuation and have some predictive power on the future returns of a Hormel Foods.Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Cancer Fighters Invested over 90 shares | |
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Check out Macroaxis Advice on Hormel Foods to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.