NYSE:IBA - Industrias Bachoco Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $55.50
  • Forecasted Upside: 39.13 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$39.89
▼ -0.62 (-1.53%)

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

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Analyst Price Target for IBA

Analyst Price Target is $55.50
▲ +39.13% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Industrias Bachoco in the last 3 months. The average price target is $55.50, with a high forecast of $61.00 and a low forecast of $50.00. The average price target represents a 39.13% upside from the last price of $39.89.

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

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Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Industrias Bachoco. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/5/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/3/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/25/2021Grupo SantanderInitiated CoverageBuy$61.00Low
4/9/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$50.00Low
5/12/2020JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
5/14/2019JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
10/5/2018JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralHigh
(Data available from 11/27/2016 forward)

News Sentiment Rating

0.22 (Hold)

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

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  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/1/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/30/2021
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/30/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
8/29/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2021
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/28/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/27/2021

Current Sentiment

  • 1 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Positive

Very Positive

Industrias Bachoco logo
Industrias Bachoco SAB de CV is a holding company, which engages breeding, processing, marketing poultry, such as chicken, eggs, balanced feed, swine, and other products. It operates through Poultry and Other segments. The Poultry segment includes chicken and egg operations. The Other segment consists of operations of swine, balanced feed for animal consumption and other by-products. The company was founded by Enrique Robinson Bours Almada, Mario Javier Robinson Bours Almada, and Juan Bautista S. Robinson Bours Almada in 1952 and is headquartered in Celaya, Mexico.
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Today's Range

Now: $39.89
Low: $39.58
High: $40.10

50 Day Range

MA: $43.24
Low: $39.89
High: $47.11

52 Week Range

Now: $39.89
Low: $38.30
High: $48.47

Volume

11,562 shs

Average Volume

8,236 shs

Market Capitalization

$1.99 billion

P/E Ratio

7.84

Dividend Yield

2.05%

Beta

0.75

Frequently Asked Questions

What sell-side analysts currently cover shares of Industrias Bachoco?

The following Wall Street sell-side analysts have issued reports on Industrias Bachoco in the last twelve months: Grupo Santander, JPMorgan Chase & Co., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for IBA.

What is the current price target for Industrias Bachoco?

2 Wall Street analysts have set twelve-month price targets for Industrias Bachoco in the last year. Their average twelve-month price target is $55.50, suggesting a possible upside of 39.1%. Grupo Santander has the highest price target set, predicting IBA will reach $61.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $50.00 for Industrias Bachoco in the next year.
View the latest price targets for IBA.

What is the current consensus analyst rating for Industrias Bachoco?

Industrias Bachoco currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IBA will outperform the market and that investors should add to their positions of Industrias Bachoco.
View the latest ratings for IBA.

What other companies compete with Industrias Bachoco?

How do I contact Industrias Bachoco's investor relations team?

Industrias Bachoco's physical mailing address is AVENIDA TECNOLOGICO 401 CIUDAD INDUSTRIAL, CELAYA O5, 38010. The company's listed phone number is 524616183555 and its investor relations email address is [email protected] The official website for Industrias Bachoco is www.bachoco.com.mx.