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Shares of Diamond Foods (NASDAQ:DMND) have been given an average rating of “Buy” by the nine brokerages that are covering the stock, StockRatingsNetwork reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $30.67.

A number of research firms have recently commented on DMND. Analysts at Credit Suisse initiated coverage on shares of Diamond Foods in a research note on Monday. They set an “outperform” rating and a $32.00 price target on the stock. Separately, analysts at Barclays upgraded shares of Diamond Foods from an “equal weight” rating to an “overweight” rating in a research note on Thursday. They now have a $36.00 price target on the stock. Finally, analysts at KeyCorp upgraded shares of Diamond Foods from a “hold” rating to a “buy” rating in a research note on Wednesday, June 18th. They now have a $32.00 price target on the stock, up previously from $27.58.

Shares of Diamond Foods (NASDAQ:DMND) traded down 0.50% on Monday, hitting $28.656. The stock had a trading volume of 115,226 shares. Diamond Foods has a one year low of $19.01 and a one year high of $35.58. The stock has a 50-day moving average of $30.17 and a 200-day moving average of $28.9. The company’s market cap is $899.3 million.

Diamond Foods (NASDAQ:DMND) last issued its quarterly earnings data on Thursday, June 5th. The company reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.05. The company had revenue of $190.90 million for the quarter, compared to the consensus estimate of $193.18 million. During the same quarter last year, the company posted $0.05 earnings per share. Diamond Foods’s revenue was up 3.2% compared to the same quarter last year. On average, analysts predict that Diamond Foods will post $0.51 earnings per share for the current fiscal year.

Diamond Foods, Inc (NASDAQ:DMND) is a packaged food company focused on building and energizing brands.

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