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.
Current Consensus is
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.
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.