▲ +2.90% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Sanderson Farms in the last 3 months. The average price target is $141.56, with a high forecast of $168.00 and a low forecast of $120.00. The average price target represents a 2.90% upside from the last price of $137.57.
The current consensus among 10 polled investment analysts is to hold stock in Sanderson Farms. This rating has held steady since April 2020, when it changed from a Buy consensus rating.
Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The company sells ice-packed, chill-packed, bulk-packed, and frozen chicken primarily under the Sanderson Farms brand name to retailers, distributors, and casual dining operators in the southeastern, southwestern, northeastern, and western United States, as well as to customers who resell frozen chicken into export markets. Its prepared chicken product line includes institutional and consumer packaged partially cooked or marinated chicken items for distributors and food service establishments. Sanderson Farms, Inc. was founded in 1947 and is headquartered in Laurel, Mississippi.