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Tyson Foods (NYSE:TSN) set a new 52-week high during trading hours on Wednesday, Analyst Ratings Network.com reports. The company traded as high as $34.38 and last traded at $33.87, with a volume of 3,268,324 shares. The stock had previously closed at $33.31.

A number of analysts have recently weighed in on TSN shares. Analysts at Goldman Sachs Group Inc. initiated coverage on shares of Tyson Foods in a research note to investors on Monday, December 16th. They set a “neutral” rating on the stock. Separately, analysts at Miller Tabak downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, December 10th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Tyson Foods in a research note to investors on Tuesday, November 19th. They now have a $31.00 price target on the stock. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $31.64.

Tyson Foods has a one year low of $20.01 and a one year high of $34.38. The stock has a 50-day moving average of $32.91 and a 200-day moving average of $29.67. The company has a market cap of $11.662 billion and a price-to-earnings ratio of 15.72.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, November 18th. The company reported $0.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.69 by $0.01. The company had revenue of $8.89 billion for the quarter, compared to the consensus estimate of $8.89 billion. During the same quarter in the prior year, the company posted $0.55 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts predict that Tyson Foods will post $2.78 earnings per share for the current fiscal year.

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

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