Analysts Set Bob Evans Farms Inc (BOBE) PT at $77.40
Shares of Bob Evans Farms Inc (NASDAQ:BOBE) have received a consensus rating of “Hold” from the ten brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $77.40.
BOBE has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Bob Evans Farms from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th. ValuEngine lowered shares of Bob Evans Farms from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub lowered shares of Bob Evans Farms from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 5th. Finally, Maxim Group restated a “hold” rating on shares of Bob Evans Farms in a research report on Thursday, January 11th.
The stock has a market capitalization of $1,540.00, a price-to-earnings ratio of 11.31 and a beta of 0.54. Bob Evans Farms has a 52-week low of $47.28 and a 52-week high of $79.70. The company has a current ratio of 1.63, a quick ratio of 1.13 and a debt-to-equity ratio of 0.72.
Large investors have recently modified their holdings of the stock. Flinton Capital Management LLC boosted its position in shares of Bob Evans Farms by 60.0% during the second quarter. Flinton Capital Management LLC now owns 1,408 shares of the restaurant operator’s stock worth $101,000 after acquiring an additional 528 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Bob Evans Farms during the second quarter worth $101,000. Ameritas Investment Partners Inc. raised its stake in Bob Evans Farms by 7.1% during the second quarter. Ameritas Investment Partners Inc. now owns 1,740 shares of the restaurant operator’s stock valued at $125,000 after purchasing an additional 115 shares in the last quarter. Amalgamated Bank purchased a new stake in Bob Evans Farms during the third quarter valued at $212,000. Finally, MML Investors Services LLC purchased a new stake in Bob Evans Farms during the second quarter valued at $219,000. Hedge funds and other institutional investors own 77.87% of the company’s stock.
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Bob Evans Farms Company Profile
Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company’s food products are distributed to customers throughout the United States.
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