Tyson Foods Upgraded to “Outperform” at BMO Capital Markets (TSN) - InvestingChannel

Tyson Foods Upgraded to “Outperform” at BMO Capital Markets (TSN)

Tyson Foods traded up 3.67% on Friday, hitting $22.01. Tyson Foods has a 1-year low of $14.07 and a 1-year high of $21.44. The stock?s 50-day moving average is currently $19.81. The company has a market cap of $7.896 billion and a price-to-earnings ratio of 13.44.

Tyson Foods last released its earnings data on Monday, November 19th. The company reported $0.55 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.11. The company had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $8.49 million. During the same quarter in 2012, the company posted $0.26 earnings per share. Tyson Foods?s revenue was down .4% compared to the same quarter last year. On average, analysts predict that Tyson Foods will post $1.84 earnings per share for the current fiscal year.

A number of other firms have also recently commented on TSN. Analysts at Credit Suisse reiterated a ?neutral? rating on shares of Tyson Foods in a research note to investors on Thursday, December 6th. They now have a $20.00 price target on the stock. Separately, analysts at DA Davidson upgraded shares of Tyson Foods from a ?neutral? rating to a ?buy? rating in a research note to investors on Monday, November 19th. They now have a $25.00 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a ?neutral? rating on shares of Tyson Foods in a research note to investors on Monday, November 19th. Four equities research analysts have rated the stock with a buy rating, two have assigned an overweight rating, five have issued a hold rating, two have given an underweight rating, and one has given a sell rating to the company. Tyson Foods presently has a consensus rating of ?hold? and an average target price of $21.05.

Tyson Foods, Inc. is a meat protein and food production company. The Company produces, distributes and markets chicken, beef, pork, prepared foods and related allied products.