Bob Evans Farms Receives Consensus Rating of “Hold” from Brokerages (NASDAQ:BOBE)
Shares of Bob Evans Farms (NASDAQ:BOBE) have been given an average recommendation of “Hold” by the eight analysts that are covering the company, AnalystRatings.NET reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $54.05.
Several analysts have recently commented on the stock. Analysts at Miller Tabak raised their price target on shares of Bob Evans Farms from $57.00 to $59.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Ned Davis Research upgraded shares of Bob Evans Farms from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Finally, analysts at Oppenheimer cut their price target on shares of Bob Evans Farms from $58.00 to $52.00 in a research note on Friday, April 11th. They now have an “outperform” rating on the stock.
Shares of Bob Evans Farms (NASDAQ:BOBE) traded down 0.31% on Wednesday, hitting $48.55. The stock had a trading volume of 27,907 shares. Bob Evans Farms has a 52 week low of $43.19 and a 52 week high of $60.22. The stock’s 50-day moving average is $46.78 and its 200-day moving average is $48.9. The company has a market cap of $1.199 billion and a P/E ratio of 28.71.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 16th. Shareholders of record on Monday, June 2nd will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Thursday, May 29th.
Bob Evans Farms, Inc (NASDAQ:BOBE) is a full-service restaurant company that operates Bob Evans Restaurants.
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