Pilgrim's Pride's stock flies toward 19-month high after BMO analyst turns bullish [MarketWatch]
Last pilgrims pride corp com earnings: 4/29 05:12 pm
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US:NYSE Investor Relations: ir.pilgrims.com/investor-relations
Pilgrim's Pride's stock flies toward 19-month high after BMO analyst turns bullish Shares of Pilgrim's Pride Corp. PPC, +5.04% shot up 5.3% toward a 19-month high in midday trading Tuesday, after BMO Capital turned bullish on the fresh and frozen chicken foods company, citing an "underlying fundamental recovery" and the expected positive effects of the African swine fever (ASF) outbreak in China. Analyst Kenneth Zaslow raised his rating to outperform from market perform and boosted his stock price target by 16% to $36. "Despite weak breast prices, chicken environment stabilizes with limited small bird production and strength in the back-end of the bird with the potential for greater improvement from more chicken promotions," Zaslow wrote in a note to clients. Also, he said it was "no longer a question of if, but when" ASF will help boost U.S. protein prices. And the U.S. beef production shortage should further support chicken prices. The stock, on track to close at the highest leve
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News
- Pilgrim's Pride to Host Annual Meeting of Shareholders on April 28, 2021GlobeNewswire
- Pilgrim's Pride pleads guilty to chicken price-fixing charge, to pay $107.9 mln fine [Reuters]Reuters
- Pilgrim’s Mourns the Death of Longtime Board Member Charles MacalusoGlobeNewswire
- Pilgrim's Pride Co. (<a href="https://www.marketbeat.com/stocks/NASDAQ/PPC/price-target/">NASDAQ: PPC</a>) was downgraded by analysts at Zacks Investment Research from a "hold" rating to a "sell" rating. They now have a $23.00 price targMarketBeat
- Pilgrim's Pride Corporation's (PPC) CEO Fabio Sandri on Q4 2020 Results - Earnings Call Transcript [Seeking Alpha]Seeking Alpha
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PPC
SEC Filings
- 2/17/21 - Form 8-K
- 2/16/21 - Form 10-K/A
- 2/12/21 - Form 4
- PPC's page on the SEC website
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