Short Term Price Target on Tyson Foods (TSN)

Tyson Foods (NYSE:TSN) : The most positive equity analysts on Tyson Foods (NYSE:TSN) expects the shares to touch $80, whereas, the least positive believes that the stock will trade at $65 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $71 with an expected fluctuation of $5.42 from the mean.

Shares of Tyson Foods, Inc. rose by 5.41% in the last five trading days and 3.86% for the last 4 weeks. Tyson Foods, Inc. has dropped 1.68% during the last 3-month period . Year-to-Date the stock performance stands at 25.81%. Also, Major Brokerage house, BMO Capital downgrades its ratings on Tyson Foods (NYSE:TSN). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on June 6, 2016.

Tyson Foods (NYSE:TSN) : The consensus on Tyson Foods (NYSE:TSN) based on 7 analyst recommendation on the company stock is 2.29, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Tyson Foods (NYSE:TSN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $64.31 and $64.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.79, notching a gain of 3.99% for the day. The total traded volume was 4,877,715 . The stock had closed at $64.23 on the previous day.

In an insider trading activity,The officer (EVP Strategy and New Ventures) of Tyson Foods Inc, Carper Howell P sold 64,763 shares at $63.76 on April 20, 2016. The Insider selling transaction had a total value worth of $4,129,289. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Tyson Foods, Inc., is a food production company. The Companys operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products. Beef, includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Pork, includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Prepared Foods, includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations of products through the supply chain. International, includes foreign operations related to raising and processing live chickens into fresh, frozen and value-added chicken products in across countries.

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