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Pilgrim’s Pride (PPC) Receives a Hold from UBS

Tipranks - Tipranks - Wed May 20, 8:44PM CDT

Pilgrim’s Pride received a Hold rating and a $30.00 price target from UBS analyst Matheus Enfeldt yesterday.

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According to TipRanks, Enfeldt is an analyst with an average return of -8.0% and a 33.33% success rate. Enfeldt covers the Consumer Defensive sector, focusing on stocks such as Pilgrim’s Pride, Adecoagro SA, and JBS.

Currently, the analyst consensus on Pilgrim’s Pride is a Hold with an average price target of $38.17.

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Based on Pilgrim’s Pride’s latest earnings release for the quarter ending March 29, the company reported a quarterly revenue of $4.53 billion and a net profit of $101.42 million. In comparison, last year the company earned a revenue of $4.46 billion and had a net profit of $296.03 million

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