Lamb Weston (NYSE:LW – Get Free Report) had its price target dropped by investment analysts at Wells Fargo & Company from $68.00 to $54.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the specialty retailer’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 27.40% from the stock’s current price.
Several other equities research analysts also recently weighed in on the company. Bank of America reduced their price target on Lamb Weston from $66.00 to $53.00 and set a “neutral” rating on the stock in a report on Monday. Sanford C. Bernstein set a $65.00 price objective on Lamb Weston and gave the company a “market perform” rating in a research report on Wednesday, October 1st. BNP Paribas Exane downgraded Lamb Weston from an “outperform” rating to a “neutral” rating in a research report on Monday. Cowen reissued a “hold” rating on shares of Lamb Weston in a research note on Wednesday, October 1st. Finally, Zacks Research cut shares of Lamb Weston from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, Lamb Weston presently has a consensus rating of “Hold” and a consensus target price of $54.18.
Check Out Our Latest Stock Report on LW
Lamb Weston Trading Up 1.4%
Lamb Weston (NYSE:LW – Get Free Report) last issued its quarterly earnings results on Friday, December 19th. The specialty retailer reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.01. The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.59 billion. Lamb Weston had a return on equity of 27.71% and a net margin of 6.06%.Lamb Weston’s revenue was up 1.1% on a year-over-year basis. During the same period last year, the company earned $0.66 earnings per share. As a group, research analysts expect that Lamb Weston will post 3.1 EPS for the current year.
Institutional Trading of Lamb Weston
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of Nova Scotia boosted its holdings in shares of Lamb Weston by 2.0% in the 3rd quarter. Bank of Nova Scotia now owns 9,685 shares of the specialty retailer’s stock valued at $563,000 after buying an additional 189 shares in the last quarter. ST Germain D J Co. Inc. raised its stake in shares of Lamb Weston by 64.2% during the 2nd quarter. ST Germain D J Co. Inc. now owns 537 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 210 shares during the last quarter. Banque de Luxembourg S.A. lifted its holdings in Lamb Weston by 13.6% in the third quarter. Banque de Luxembourg S.A. now owns 1,772 shares of the specialty retailer’s stock valued at $103,000 after acquiring an additional 212 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Lamb Weston by 6.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,718 shares of the specialty retailer’s stock valued at $216,000 after purchasing an additional 228 shares during the period. Finally, AlphaQuest LLC boosted its stake in shares of Lamb Weston by 115.5% during the 3rd quarter. AlphaQuest LLC now owns 446 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 239 shares in the last quarter. Institutional investors own 89.56% of the company’s stock.
Lamb Weston News Summary
Here are the key news stories impacting Lamb Weston this week:
- Positive Sentiment: Barclays continues to recommend an overweight position on Lamb Weston, which provides a supportive institutional view despite recent weakness. Read More.
- Positive Sentiment: Wells Fargo maintains an overweight recommendation (though it trimmed its price target), signalling conviction among some brokers that the shares have upside after the selloff. Read More.
- Positive Sentiment: Unusually high volume in call options suggests some traders are speculating on a rebound or takeover of short-term upside volatility. Read More.
- Neutral Sentiment: Analysts’ consensus rating on LW is now “Hold,” reflecting mixed views across the sell-side and contributing to muted investor conviction. Read More.
- Neutral Sentiment: TD Cowen moved its price target modestly lower to $55 while keeping a Hold rating — implies upside from current levels but signals caution. Read More.
- Negative Sentiment: Sanford C. Bernstein cut its target sharply to $46 from $65, a material downgrade that likely contributed to selling pressure. Read More. Read More.
- Negative Sentiment: JPMorgan trimmed its price target to $50 (from $62) and kept a neutral stance, another indication of reduced near-term expectations from a major bank. Read More.
- Negative Sentiment: Bank of America and BNP Paribas Exane have lowered expectations/ratings, and several news analyses highlight sustained underperformance — reinforcing the bearish narrative among some investors. Read More. Read More. Read More.
About Lamb Weston
Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.
Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.
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