Hormel Foods Corp. (HRL) Social Stream
HORMEL FOODS CORP (HRL) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering HORMEL FOODS CORP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-06 | 8 | $50 | $42 | $45.5 | $31.77 | 43.22% |
| 2021-12-10 | 8 | $50 | $45 | $46.25 | $31.77 | 45.58% |
| 2022-01-25 | 7 | $50 | $45 | $47.5 | $31.77 | 49.51% |
| 2022-03-01 | 7 | $50 | $45 | $47.25 | $31.77 | 48.73% |
| 2022-03-02 | 7 | $50 | $45 | $48 | $31.77 | 51.09% |
| 2022-04-13 | 8 | $50 | $44 | $47.2 | $31.77 | 48.57% |
| 2022-06-03 | 8 | $50 | $45 | $48 | $31.77 | 51.09% |
| 2022-08-17 | 8 | $50 | $45 | $47.75 | $31.77 | 50.3% |
| 2022-08-24 | 8 | $55 | $45 | $50.6 | $31.77 | 59.27% |
| 2022-09-02 | 9 | $55 | $45 | $50.2 | $31.77 | 58.01% |
| 2022-09-17 | 9 | $55 | $45 | $50 | $31.77 | 57.38% |
| 2022-09-22 | 9 | $55 | $45 | $50.5 | $31.77 | 58.95% |
| 2022-11-17 | 8 | $53 | $45 | $49 | $31.77 | 54.23% |
| 2023-03-01 | 8 | $53 | $45 | $48.8 | $31.77 | 53.6% |
| 2023-03-03 | 8 | $53 | $38 | $47 | $31.77 | 47.94% |
| 2023-04-03 | 8 | $53 | $38 | $44.6 | $31.77 | 40.38% |
| 2023-04-12 | 8 | $53 | $38 | $44.4 | $31.77 | 39.75% |
| 2023-05-17 | 7 | $53 | $38 | $44.4 | $31.77 | 39.75% |
| 2023-06-06 | 8 | $53 | $38 | $44 | $31.77 | 38.5% |
| 2023-06-15 | 8 | $53 | $38 | $43.333 | $31.77 | 36.4% |
| 2023-08-17 | 8 | $53 | $38 | $43.666 | $31.77 | 37.44% |
| 2023-09-01 | 8 | $45 | $36 | $40.6 | $31.77 | 27.79% |
| 2023-10-02 | 8 | $42 | $36 | $39.2 | $31.77 | 23.39% |
| 2023-10-13 | 9 | $42 | $29 | $37.5 | $31.77 | 18.04% |
| 2023-10-17 | 9 | $38 | $29 | $33.166 | $31.77 | 4.39% |
| 2023-11-13 | 9 | $38 | $29 | $32.5 | $31.77 | 2.3% |
| 2023-11-30 | 9 | $38 | $26 | $31.666 | $31.77 | -0.33% |
| 2023-12-15 | 9 | $33 | $26 | $30 | $31.77 | -5.57% |
The Trend in the Analyst Price Target
HRL's average price target has moved down $17.5 over the prior 23 months.
Over the past 46 weeks, HRL's average upside potential has been 7.48%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-01 | 8 | 53 | 45 | 48.800 | 43.83 | 11.34% |
| 2023-07-03 | 8 | 53 | 38 | 43.666 | 40.62 | 7.5% |
| 2023-07-18 | 8 | 53 | 38 | 43.666 | 39.33 | 11.02% |
| 2023-08-17 | 8 | 53 | 38 | 43.666 | 39.40 | 10.83% |
| 2023-11-13 | 9 | 38 | 29 | 32.500 | 32.43 | 0.22% |
HRL Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3.56 | 0 | 0 | 6 | 2 | 2 | 9 |
The Trend in the Broker Recommendations
Over the past 35 weeks, HRL's average broker recommendation rating worsened by 0.13.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of all US stocks, HORMEL FOODS CORP's variance in analysts' estimates is lower than -652.22% of them.
- HRL has a higher number of analysts covering the stock than 523.1% of stocks in the large market cap category.
- HRL has a greater upside potential (average analyst target price relative to current price) than 2330.01% of stocks in the large market cap category.
- HRL has a higher average analyst price target than 862.88% of stocks in the large market cap category.
In terms of price targets and recommendations offered by analysts, the stocks in the Food Products industry with the ratings most similar to HORMEL FOODS CORP are INGR, K, and GIS.
View All Top Stocks by Price Target
What is the outlook for HRL? Use POWR Ratings for clearer insight into price direction.