Bob Evans Farms (NASDAQ:BOBE) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday.
Several other equities analysts have also weighed in on the stock. Zacks Investment Research raised shares of Bob Evans Farms from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a research report on Monday, September 4th. Maxim Group reaffirmed a “buy” rating and set a $77.00 price objective on shares of Bob Evans Farms in a research report on Wednesday, August 30th. Oppenheimer reaffirmed a “hold” rating and set a $72.00 price objective on shares of Bob Evans Farms in a research report on Friday, September 8th. William Blair lowered shares of Bob Evans Farms from an “outperform” rating to a “market perform” rating in a research report on Friday, September 22nd. Finally, CJS Securities initiated coverage on shares of Bob Evans Farms in a research report on Wednesday, September 20th. They set an “outperform” rating and a $85.00 price objective on the stock. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $76.05.
Shares of Bob Evans Farms (BOBE) traded down $0.70 on Friday, reaching $77.34. 199,167 shares of the company traded hands, compared to its average volume of 268,669. The company has a market capitalization of $1,540.00, a price-to-earnings ratio of 33.77 and a beta of 0.54. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.83 and a current ratio of 1.11. Bob Evans Farms has a 52-week low of $45.24 and a 52-week high of $78.24.
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Bob Evans Farms Company Profile
Bob Evans Farms, Inc (Bob Evans) is a producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names. The Company’s food products are distributed to customers throughout the United States.
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