Sanderson Farms (NASDAQ:SAFM) Downgraded by Barclays to "Equal Weight"

 

MarketBeat

June 2, 2021

 

Sanderson Farms (NASDAQ:SAFM) was downgraded by analysts at Barclays from an "overweight" rating to an "equal weight" rating in a research report issued on Wednesday, The Fly reports.

 

A number of other brokerages have also recently weighed in on SAFM. Credit Suisse Group raised their price objective on shares of Sanderson Farms from $120.00 to $148.00 and gave the stock a "neutral" rating in a research note on Friday, February 26th. Stephens cut shares of Sanderson Farms from an "overweight" rating to an "equal weight" rating in a research note on Tuesday, February 16th. BMO Capital Markets raised their price objective on shares of Sanderson Farms from $180.00 to $195.00 and gave the stock an "outperform" rating in a research note on Friday, May 28th. Finally, Zacks Investment Research cut shares of Sanderson Farms from a "strong-buy" rating to a "hold" rating and set a $173.00 target price for the company. in a research note on Monday, May 3rd. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. The company presently has a consensus rating of "Hold" and an average price target of $162.29.

 

Shares of Sanderson Farms stock...

 

Sanderson Farms Company Profile ...

 

more, including links, chart 

https://www.marketbeat.com/instant-alerts/nasdaq-safm-a-buy-or-sell-right-now-2021-06/