Seaboard Corp (SEB) Cut to Buy at BidaskClub
Seaboard Corp (NYSEMKT:SEB) was downgraded by stock analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Tuesday.
Seaboard Corp (SEB) traded up 0.28% on Tuesday, reaching $4529.50. 335 shares of the company’s stock were exchanged. Seaboard Corp has a 12 month low of $3,178.01 and a 12 month high of $4,564.78. The firm has a market cap of $5.30 billion, a PE ratio of 16.52 and a beta of 1.24. The firm’s 50-day moving average is $4,399.95 and its 200-day moving average is $4,138.19.
In other Seaboard Corp news, Director Rinaldo D. Barbaro bought 3,735,800 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were acquired at an average cost of $0.14 per share, with a total value of $523,012.00.
About Seaboard Corp
Seaboard Corporation is an agribusiness and transportation company. The Company is primarily engaged in pork production and processing, and ocean transportation. Its divisions include Pork, Commodity Trading and Milling, Marine, Sugar, Power, Turkey and Other. Overseas, the Company is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation.
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