Dean Foods Company (NYSE:DF) had its target price decreased by equities researchers at Credit Suisse Group from $10.00 to $8.50 in a note issued to investors on Wednesday. The brokerage presently has an “underperform” rating on the stock. Credit Suisse Group’s target price indicates a potential downside of 8.31% from the company’s current price.

A number of other analysts also recently weighed in on the company. Morgan Stanley decreased their price objective on Dean Foods from $10.00 to $9.00 and set an “overweight” rating for the company in a report on Wednesday. BMO Capital Markets restated a “market perform” rating and issued a $12.00 price objective (down from $15.00) on shares of Dean Foods in a report on Wednesday. Zacks Investment Research downgraded Dean Foods from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. Jefferies Group LLC set a $16.00 price objective on Dean Foods and gave the company a “buy” rating in a report on Sunday, October 29th. Finally, ValuEngine downgraded Dean Foods from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $13.06.

Shares of Dean Foods (DF) traded up $0.18 during trading hours on Wednesday, hitting $9.27. 469,262 shares of the stock traded hands, compared to its average volume of 1,406,575. The firm has a market capitalization of $835.51, a P/E ratio of 8.43, a PEG ratio of 1.63 and a beta of 0.53. The company has a quick ratio of 0.85, a current ratio of 1.21 and a debt-to-equity ratio of 1.25. Dean Foods has a 52 week low of $9.04 and a 52 week high of $22.31.

Dean Foods (NYSE:DF) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.97 billion. Dean Foods had a net margin of 0.70% and a return on equity of 16.63%. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 earnings per share. sell-side analysts expect that Dean Foods will post 0.8 earnings per share for the current fiscal year.

WARNING: “Dean Foods Company (DF) PT Lowered to $8.50 at Credit Suisse Group” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another site, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/11/08/dean-foods-company-df-pt-lowered-to-8-50-at-credit-suisse-group.html.

A number of institutional investors and hedge funds have recently modified their holdings of DF. Flinton Capital Management LLC boosted its position in Dean Foods by 60.6% during the second quarter. Flinton Capital Management LLC now owns 6,448 shares of the company’s stock valued at $110,000 after acquiring an additional 2,432 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Dean Foods by 13.8% during the first quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $111,000 after acquiring an additional 686 shares during the last quarter. Riverhead Capital Management LLC boosted its position in Dean Foods by 62.0% during the second quarter. Riverhead Capital Management LLC now owns 7,128 shares of the company’s stock valued at $121,000 after acquiring an additional 2,728 shares during the last quarter. LS Investment Advisors LLC boosted its position in Dean Foods by 17.5% during the second quarter. LS Investment Advisors LLC now owns 7,275 shares of the company’s stock valued at $124,000 after acquiring an additional 1,081 shares during the last quarter. Finally, Advisor Group Inc. boosted its position in Dean Foods by 40.7% during the second quarter. Advisor Group Inc. now owns 7,857 shares of the company’s stock valued at $133,000 after acquiring an additional 2,271 shares during the last quarter.

About Dean Foods

Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.

Analyst Recommendations for Dean Foods (NYSE:DF)

Receive News & Stock Ratings for Dean Foods Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dean Foods Company and related stocks with our FREE daily email newsletter.