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What It Will Take For Pinnacle Foods To Climb To The Top Of Its Peer Group?
Wednesday, February 15, 2017 - 3:30pm | 329Read More...Deutsche Bank started coverage of Pinnacle Foods Inc (NYSE: PF) with a Buy rating with a $61 price target. Along with Pinnacle Foods, the brokerage initiated coverage of 12 other U.S.-based food companies with 6 Buy-rated names and 7 holds. Apart from Pinnacle Foods, the brokerage’s top picks...
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Conagra Could See 15% Upside In The Next 12 Months
Wednesday, February 15, 2017 - 2:54pm | 381Read More...Deutsche Bank sees 15 percent upside in shares of Conagra Brands Inc (NYSE: CAG), driven by opportunities in margin expansion and top-line growth restructuring potential. The brokerage initiated coverage of 13 U.S.-based food companies with 6 Buy-rated names and 7 holds. Analyst Mario Contreras...
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How Yogurt Will Craft The Story Of General Mills' Q1 Earnings
Wednesday, September 14, 2016 - 2:38pm | 384Read More...Investors should be looking toward yogurt, argues Deutsche Bank, as it will play a significant role in General Mills, Inc. (NYSE: GIS)'s first quarter F2017 numbers on September 21. Deutsche Bank, which has a Hold rating on General Mills, expects operating EPS of $0.75 versus $0.76 consensus. The...
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Coffee Profits Continue To Give A Jolt To Deutsche's View On Smucker
Thursday, August 18, 2016 - 2:13pm | 318Read More...Mario Contreras of Deutsche Bank previewed in a research note on Thursday J M Smucker Co (NYSE: SJM)'s upcoming first-quarter results, scheduled for release on August 23. Contreras is expecting the company to earn $1.82 per share, which is ahead of the consensus estimate of $1.74 and marks an...
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Deutsche Stays Sidelined On Hormel Ahead Of Q3 Earnings
Monday, August 15, 2016 - 12:38pm | 269Read More...Deutsche Bank maintained its Hold rating on Hormel Foods Corp (NYSE: HRL) as it remains cautious on the company's margin trajectory despite being positive on its core fundamentals. Hormel reports its third quarter earnings on August 18. Deutsche expects EPS of $0.35 (in line with consensus...
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Flower Foods Shares Wilt Following Q2 Results, Guidance Cut
Thursday, August 11, 2016 - 11:44am | 211Read More...Shares of Flowers Foods, Inc. (NYSE: FLO) plunged as much as 10 percent and touched a new 52-week low of $14.51 after the company reported lower-than-expected revenue for the second quarter and cut its FY16 outlook. Flower Foods reported second quarter EPS of $0.26 and revenues of $935 million...
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Deutsche: Good Things Come To Those Who Don't Wait To Buy Heinz
Friday, August 5, 2016 - 2:12pm | 357Read More...Mario Contreras of Deutsche Bank turned bullish on Kraft Heinz Co (NASDAQ: KHC)'s stock on Friday and upgraded the rating to Buy from Hold with a price target boosted to $103 from a previous $85. According to Contreras, Kraft Heinz represents an "attractive long-term story" given its industry-...
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'Add Spice And Let Simmer,' Deutsche Says Of McCormick
Friday, July 1, 2016 - 1:47pm | 305Read More...Mario Contreras of Deutsche Bank has a simple recipe for McCormick & Company, Incorporated (NYSE: MKC) investors after the company reported its second quarter results: "add spice and let simmer." According to Contreras, McCormick's core U.S. consumer business "appears to be strengthening" due...
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McCormick Can Hit Long-Term Targets, Deutsche Bank Says
Saturday, June 25, 2016 - 5:06pm | 214Read More...McCormick & Company, Incorporated (NYSE: MKC) is scheduled to announce its second quarter financial results next Thursday. Ahead of the report, Deutsche Bank analysts Mario Contreras and Kanika Goyal shared a preview of the results. According to a report issued Friday, the experts believe the...
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Why Did Deutsche Bank Downgrade Flowers Foods After Earnings?
Friday, February 12, 2016 - 11:15am | 318Read More...Deutsche Bank recently issued a report on Flowers Foods, Inc. (NYSE: FLO) after a recent selloff of the stock. Analysts at Deutsche Bank downgraded Flower Foods from Buy to Hold, and lowered their price target from $25 to $18. Eric Katzman and Mario Contreras, analysts and associates at Deutsche...
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J.M. Smucker Is Deutsche Bank's Top Food Pick Heading Into '16
Thursday, January 7, 2016 - 11:42am | 379Read More...Deutsche Bank recently issued its 2016 outlook on the Food Industry naming J.M. Smucker Co (NYSE: SJM) as its top pick based on a combination of increasing profitability, greater operational efficiency. Currently, J.M. Smucker is rated as a Buy while Deutsche Bank raised its price target...
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Deutsche Bank: Wait For Better Entry Point Into Hormel
Monday, December 14, 2015 - 11:47am | 341Read More...Deutsche Bank issued a company update on Hormel Foods Corp (NYSE: HRL), advising investors to wait for a better entry point to buy stock in the food company. Deutsche Bank downgraded Hormel Foods from Buy to Hold and maintained their $76 price target. Mario Contreras and Eric Katzman, analysts at...
