Lamb Weston (NYSE:LW – Get Free Report) had its target price lowered by research analysts at JPMorgan Chase & Co. from $62.00 to $50.00 in a research report issued on Monday,MarketScreener reports. The brokerage currently has a “neutral” rating on the specialty retailer’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 18.60% from the stock’s previous close.
Several other equities analysts have also recently issued reports on the company. Jefferies Financial Group boosted their price objective on Lamb Weston from $67.00 to $70.00 and gave the company a “buy” rating in a report on Friday, December 12th. BNP Paribas set a $48.00 price objective on shares of Lamb Weston in a report on Monday. Cowen reaffirmed a “hold” rating on shares of Lamb Weston in a report on Wednesday, October 1st. Barclays decreased their target price on shares of Lamb Weston from $68.00 to $55.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Wells Fargo & Company cut their price target on Lamb Weston from $68.00 to $54.00 and set an “overweight” rating for the company in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $54.18.
View Our Latest Analysis on LW
Lamb Weston Trading Up 0.9%
Lamb Weston (NYSE:LW – Get Free Report) last announced its quarterly earnings results on Friday, December 19th. The specialty retailer reported $0.69 EPS for the quarter, beating the consensus estimate of $0.68 by $0.01. Lamb Weston had a return on equity of 27.71% and a net margin of 6.06%.The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the firm posted $0.66 earnings per share. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. As a group, analysts forecast that Lamb Weston will post 3.1 EPS for the current fiscal year.
Hedge Funds Weigh In On Lamb Weston
Large investors have recently modified their holdings of the stock. AlphaQuest LLC raised its holdings in Lamb Weston by 115.5% in the third quarter. AlphaQuest LLC now owns 446 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 239 shares during the period. American National Bank & Trust acquired a new position in Lamb Weston during the second quarter worth approximately $25,000. Quent Capital LLC acquired a new position in Lamb Weston in the 3rd quarter valued at about $29,000. Motco acquired a new stake in shares of Lamb Weston during the third quarter worth $30,000. Finally, ST Germain D J Co. Inc. raised its stake in Lamb Weston by 64.2% in the second quarter. ST Germain D J Co. Inc. now owns 537 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 210 shares in the last quarter. 89.56% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Lamb Weston
Here are the key news stories impacting Lamb Weston this week:
- Positive Sentiment: Barclays reaffirmed an overweight recommendation on Lamb Weston, signaling continued conviction from that shop despite the recent selloff. Barclays maintains Lamb Weston overweight
- Positive Sentiment: Unusually large call-option buying has been reported, indicating bullish positioning by some traders that could provide short-term support or volatility. Stock Traders Buy High Volume of Lamb Weston Call Options
- Neutral Sentiment: Wells Fargo kept an overweight stance but cut its price target materially (from $68 to $54), a mixed signal: continued long bias but lower upside expectations. Wells Fargo price target cut
- Neutral Sentiment: Several firms (TD Cowen, Stifel) are maintaining “hold” or neutral stances, reflecting broader analyst caution rather than bullish conviction. TD Cowen hold
- Neutral Sentiment: Market summaries note that analysts as a group are neutral on Lamb Weston, which supports a lack of strong catalyst to reverse the downtrend. Analysts are neutral on consumer goods stocks
- Negative Sentiment: BNP Paribas Exane downgraded Lamb Weston from outperform to neutral, removing a prior source of analyst upside. BNP Paribas Exane rating lowered
- Negative Sentiment: Bank of America lowered its expectations for Lamb Weston’s stock price, adding to downward pressure from big-bank outlook adjustments. Bank of America lowers expectations
- Negative Sentiment: Critical commentary and analysis highlight sustained underperformance and question valuation after the selloff — headlines and think pieces (Seeking Alpha, Benzinga) reinforce bearish sentiment and may discourage buyers. Seeking Alpha: Not a great deal after selloff Benzinga: Sustained underperformance
About Lamb Weston
Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.
Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.
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