NYSE:HRL - Hormel Foods Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $47.83
  • Forecasted Upside: -3.35 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$49.49
▲ +0.47 (0.96%)

This chart shows the closing price for HRL by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Hormel Foods Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for HRL and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for HRL

Analyst Price Target is $47.83
▼ -3.35% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Hormel Foods in the last 3 months. The average price target is $47.83, with a high forecast of $57.00 and a low forecast of $44.00. The average price target represents a -3.35% upside from the last price of $49.49.

This chart shows the closing price for HRL for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 7 contributing investment analysts is to hold stock in Hormel Foods. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 2 sell ratings
2/14/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/15/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
8/13/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
11/11/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 0 sell ratings
2/9/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
5/10/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
7/9/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
8/8/2022

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/3/2022Piper SandlerLower Price Target$48.00Low
6/3/2022Credit Suisse GroupLower Price Target$44.00Low
3/15/2022The Goldman Sachs GroupDowngradeNeutral ➝ Sell$44.00Low
3/10/2022ArgusUpgradeHold ➝ Buy$57.00Low
3/2/2022Credit Suisse GroupBoost Price TargetNeutral$44.00 ➝ $46.00Medium
3/2/2022JPMorgan Chase & Co.Boost Price TargetNeutral$46.00 ➝ $48.00Medium
3/2/2022Piper SandlerBoost Price TargetNeutral$48.00 ➝ $49.00Medium
1/25/2022Piper SandlerLower Price Target$49.00 ➝ $48.00High
12/10/2021BMO Capital MarketsReiterated RatingNeutral ➝ HoldMedium
12/10/2021Credit Suisse GroupBoost Price TargetNeutral$42.00 ➝ $44.00High
12/10/2021Piper SandlerBoost Price TargetNeutral ➝ Neutral$45.00 ➝ $49.00High
10/8/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$42.00Low
9/7/2021Credit Suisse GroupLower Price TargetNeutral$45.00 ➝ $42.00High
9/3/2021BarclaysLower Price TargetEqual Weight$48.00 ➝ $46.00High
1/19/2021JPMorgan Chase & Co.Lower Price Target$44.00 ➝ $40.00Low
12/9/2020ArgusDowngradeBuy ➝ HoldLow
11/25/2020Bank of AmericaLower Price TargetUnderperform$45.00 ➝ $44.00Low
10/7/2020OppenheimerReiterated RatingHoldMedium
7/17/2020ArgusInitiated CoverageBuy$56.00High
5/21/2020CfraBoost Price TargetHold$38.00 ➝ $45.00Low
4/28/2020Piper SandlerDowngradeOverweight ➝ Neutral$47.00Low
3/31/2020BarclaysBoost Price TargetEqual Weight$40.00 ➝ $44.00Low
3/26/2020The Goldman Sachs GroupUpgradeSell ➝ Neutral$35.00 ➝ $45.00High
3/9/2020CfraUpgradeSell ➝ Hold$38.00High
11/27/2019StephensReiterated RatingNeutral ➝ Hold$37.00 ➝ $43.00Medium
10/25/2019Bank of AmericaInitiated CoverageUnderperform$40.00Low
8/23/2019BMO Capital MarketsSet Price TargetHold$44.00Low
8/12/2019StephensSet Price TargetHold$37.00Medium
6/12/2019Edward JonesDowngradeBuy ➝ HoldLow
5/24/2019Buckingham ResearchLower Price TargetNeutral$38.00 ➝ $35.00Low
5/23/2019Piper Jaffray CompaniesSet Price TargetBuy$46.00High
4/23/2019The Goldman Sachs GroupDowngradeNeutral ➝ Sell$37.00 ➝ $35.00High
4/23/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$40.00 ➝ $36.00High
3/4/2019StephensInitiated CoverageEqual ➝ Equal WeightLow
2/21/2019Credit Suisse GroupReiterated RatingHold$39.00High
2/21/2019Jefferies Financial GroupReiterated RatingHold$44.00High
11/27/2018Jefferies Financial GroupDowngradeBuy ➝ Hold$44.00Low
11/21/2018Credit Suisse GroupSet Price TargetNeutral ➝ Hold$33.00 ➝ $39.00Low
11/21/2018BarclaysSet Price TargetHold$40.00Low
11/6/2018Vertical ResearchDowngradeHold ➝ SellLow
11/6/2018Piper Jaffray CompaniesSet Price TargetPositive ➝ Buy$50.00Low
9/28/2018JPMorgan Chase & Co.Initiated CoverageNeutral ➝ Neutral$41.00Medium
9/17/2018BMO Capital MarketsDowngradeOutperform ➝ Market Perform$38.00 ➝ $44.00Medium
8/29/2018Jefferies Financial GroupReiterated RatingBuy$44.00Low
8/24/2018BarclaysDowngradeOverweight ➝ Equal Weight$38.00 ➝ $38.00Medium
8/16/2018Buckingham ResearchBoost Price TargetNeutral ➝ Neutral$32.00 ➝ $34.00High
7/25/2018MizuhoDowngradeNeutral ➝ Underperform$33.00High
7/17/2018StephensDowngradeOverweight ➝ Equal WeightMedium
5/31/2018Jefferies Financial GroupReiterated RatingBuy$42.00Medium
5/25/2018Buckingham ResearchLower Price TargetNeutral ➝ Neutral$34.00 ➝ $32.00Low
2/27/2018Credit Suisse GroupLower Price TargetNeutral ➝ Neutral$36.00 ➝ $33.00Low
2/27/2018Piper Jaffray CompaniesReiterated RatingBuy$39.00Low
2/25/2018Credit Suisse GroupReiterated RatingNeutralLow
2/23/2018BarclaysReiterated RatingOverweight ➝ Buy$40.00 ➝ $38.00Low
2/22/2018Jefferies Financial GroupReiterated RatingBuyLow
2/14/2018Jefferies Financial GroupUpgradeHold ➝ Buy$30.00Medium
1/4/2018Piper Jaffray CompaniesInitiated CoverageOverweight ➝ Overweight$42.00Low
12/1/2017BarclaysSet Price TargetOverweight ➝ Overweight$40.00Low
11/30/2017Jefferies Financial GroupSet Price TargetHold$34.00Low
11/25/2017MizuhoSet Price TargetHold$34.00Medium
11/24/2017Credit Suisse GroupSet Price TargetHold$33.00N/A
11/6/2017BMO Capital MarketsReiterated RatingBuy$38.00N/A
11/3/2017Morgan StanleyInitiated CoverageUnderweight ➝ Underweight$26.00N/A
10/31/2017KeyCorpInitiated CoverageSector Weight ➝ HoldN/A
10/29/2017Jefferies Financial GroupSet Price TargetHold$34.00N/A
10/19/2017StephensLower Price TargetOverweight$50.00 ➝ $38.00N/A
10/4/2017MizuhoReiterated RatingHold$33.00Low
8/26/2017Credit Suisse GroupDropped CoverageOutperform ➝ HoldN/A
8/25/2017BarclaysLower Price TargetOverweight ➝ Overweight$38.00 ➝ $35.00Low
8/25/2017BMO Capital MarketsReiterated RatingOutperform$45.00 ➝ $38.00Medium
8/25/2017Buckingham ResearchLower Price TargetNeutral$37.00 ➝ $33.00Medium
8/25/2017Credit Suisse GroupDowngradeOutperform ➝ Neutral$39.00 ➝ $33.00Medium
(Data available from 8/9/2017 forward)

News Sentiment Rating

0.54 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 25 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
1/11/2022
  • 9 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
2/10/2022
  • 4 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
3/12/2022
  • 5 very positive mentions
  • 20 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
4/11/2022
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
5/11/2022
  • 10 very positive mentions
  • 20 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
6/10/2022
  • 7 very positive mentions
  • 31 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/10/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/9/2022

Current Sentiment

  • 4 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Hormel Foods logo
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Read More

Today's Range

Now: $49.49
Low: $49.20
High: $49.49

50 Day Range

MA: $47.24
Low: $44.69
High: $49.39

52 Week Range

Now: $49.49
Low: $40.48
High: $55.11

Volume

2,869 shs

Average Volume

1,136,838 shs

Market Capitalization

$27.02 billion

P/E Ratio

28.28

Dividend Yield

2.13%

Beta

0.13

Frequently Asked Questions

What sell-side analysts currently cover shares of Hormel Foods?

The following Wall Street research analysts have issued reports on Hormel Foods in the last year: Argus, Barclays PLC, BMO Capital Markets, Credit Suisse Group AG, JPMorgan Chase & Co., Piper Sandler, StockNews.com, The Goldman Sachs Group, Inc., and TheStreet.
View the latest analyst ratings for HRL.

What is the current price target for Hormel Foods?

6 Wall Street analysts have set twelve-month price targets for Hormel Foods in the last year. Their average twelve-month price target is $47.83, suggesting a possible downside of 3.3%. Argus has the highest price target set, predicting HRL will reach $57.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $44.00 for Hormel Foods in the next year.
View the latest price targets for HRL.

What is the current consensus analyst rating for Hormel Foods?

Hormel Foods currently has 1 sell rating, 5 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in HRL, but not buy more shares or sell existing shares.
View the latest ratings for HRL.

What other companies compete with Hormel Foods?

How do I contact Hormel Foods' investor relations team?

Hormel Foods' physical mailing address is 1 HORMEL PL, AUSTIN MN, 55912. The company's listed phone number is (507) 437-5611 and its investor relations email address is [email protected] The official website for Hormel Foods is www.hormelfoods.com. Learn More about contacing Hormel Foods investor relations.