Smithfield Foods (NASDAQ: SFD) has recently received a number of price target changes and ratings updates:
- 2/24/2025 – Smithfield Foods is now covered by analysts at Barclays PLC. They set an “overweight” rating and a $28.00 price target on the stock.
- 2/24/2025 – Smithfield Foods is now covered by analysts at Morgan Stanley. They set an “overweight” rating and a $28.00 price target on the stock.
- 2/24/2025 – Smithfield Foods is now covered by analysts at BNP Paribas. They set a “neutral” rating and a $23.00 price target on the stock.
- 2/24/2025 – Smithfield Foods is now covered by analysts at UBS Group AG. They set a “buy” rating on the stock.
- 2/24/2025 – Smithfield Foods is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $27.00 price target on the stock.
- 2/24/2025 – Smithfield Foods is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $28.00 price target on the stock.
- 2/24/2025 – Smithfield Foods is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “buy” rating and a $32.00 price target on the stock.
Smithfield Foods Trading Up 0.4 %
SFD opened at $19.33 on Thursday. Smithfield Foods, Inc has a twelve month low of $18.43 and a twelve month high of $22.03.
Insider Activity
In other Smithfield Foods news, major shareholder Group Ltd/Adr Wh sold 13,043,479 shares of the stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $20.00, for a total transaction of $260,869,580.00. Following the completion of the sale, the insider now owns 367,025,753 shares of the company’s stock, valued at approximately $7,340,515,060. This represents a 3.43 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Charles Shane Smith bought 30,000 shares of the firm’s stock in a transaction on Wednesday, January 29th. The shares were purchased at an average cost of $20.00 per share, with a total value of $600,000.00. Following the transaction, the chief executive officer now directly owns 120,000 shares in the company, valued at approximately $2,400,000. This trade represents a 33.33 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 59,000 shares of company stock valued at $1,180,000 over the last quarter. 1.79% of the stock is owned by company insiders.
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.
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