Lamb Weston Holdings Inc. (NYSE:LW)‘s stock had its “buy” rating reiterated by Jefferies Group LLC in a research note issued to investors on Monday. They presently have a $53.00 price target on the specialty retailer’s stock. Jefferies Group LLC’s price target points to a potential upside of 16.79% from the company’s current price.

Several other analysts have also weighed in on LW. Zacks Investment Research lowered shares of Lamb Weston Holdings from a “buy” rating to a “hold” rating and set a $52.00 price objective for the company. in a report on Tuesday, June 6th. Stifel Nicolaus lowered shares of Lamb Weston Holdings from a “buy” rating to a “hold” rating and raised their price objective for the stock from $42.00 to $44.00 in a report on Tuesday, July 4th. Bank of America Corporation raised their price objective on shares of Lamb Weston Holdings from $46.00 to $48.00 and gave the stock a “buy” rating in a report on Monday, July 10th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $46.00 price objective (up previously from $45.00) on shares of Lamb Weston Holdings in a report on Wednesday, July 26th. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Lamb Weston Holdings presently has an average rating of “Buy” and a consensus price target of $46.22.

Lamb Weston Holdings (NYSE:LW) last posted its quarterly earnings data on Tuesday, July 25th. The specialty retailer reported $0.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.03. The firm had revenue of $833.00 million for the quarter, compared to analyst estimates of $810.85 million. The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.29 EPS.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Prudential Financial Inc. grew its stake in shares of Lamb Weston Holdings by 11.7% during the second quarter. Prudential Financial Inc. now owns 1,065,420 shares of the specialty retailer’s stock valued at $46,922,000 after purchasing an additional 111,876 shares during the last quarter. Ruffer LLP bought a new stake in shares of Lamb Weston Holdings during the first quarter valued at approximately $106,030,000. Soros Fund Management LLC grew its stake in shares of Lamb Weston Holdings by 11.7% during the first quarter. Soros Fund Management LLC now owns 326,999 shares of the specialty retailer’s stock valued at $13,754,000 after purchasing an additional 34,200 shares during the last quarter. GAM Holding AG grew its stake in shares of Lamb Weston Holdings by 7.2% during the second quarter. GAM Holding AG now owns 58,159 shares of the specialty retailer’s stock valued at $2,561,000 after purchasing an additional 3,916 shares during the last quarter. Finally, Family Legacy Inc. grew its stake in shares of Lamb Weston Holdings by 3.3% during the second quarter. Family Legacy Inc. now owns 7,719 shares of the specialty retailer’s stock valued at $340,000 after purchasing an additional 250 shares during the last quarter. 79.78% of the stock is currently owned by institutional investors and hedge funds.

About Lamb Weston Holdings

Lamb Weston Holdings, Inc (Lamb Weston), is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. The Company’s segments include Global, Foodservice, Retail and Other. The Global segment includes operations associated with Lamb Weston’s business with large chain restaurant customers, whether those results are generated in the United States or abroad, as well as operations associated with retail and foodservice customers located outside of the United States and Canada.

Analyst Recommendations for Lamb Weston Holdings (NYSE:LW)

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