Analyst Price Target is $27.86
▲ +37.70% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Smithfield Foods in the last 3 months. The average price target is $27.86, with a high forecast of $32.00 and a low forecast of $23.00. The average price target represents a 37.70% upside from the last price of $20.23.
Current Consensus is
Buy
The current consensus among 9 contributing investment analysts is to buy stock in Smithfield Foods. This rating changed within the last month from a Moderate Buy consensus rating.
Smithfield Foods, Inc. produces and markets a variety of fresh meat and packaged meats products both domestically and internationally. The Company operates in four segments: Pork, Hog Production, International and Corporate, each of which consists of a number of subsidiaries, joint ventures and other investments. The Pork segment consists mainly of its three wholly owned United States fresh pork and packaged meats subsidiaries: The Smithfield Packing Company, Inc. (Smithfield Packing), Farmland Foods, Inc. (Farmland Foods) and John Morrell Food Group (John Morrell). The Hog Production segment consists of the Company's hog production operations located in the United States. On September 2012 (fiscal 2013), the Company acquired a 70% controlling interest in American Skin Food Group, LLC. Effective September 26, 2013, Shuanghui International Holdings Ltd merged with Smithfield Foods Inc, a producer and wholesaler of pork meat products.
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