Chiquita Brands International shares upgraded to hold
Separately, analysts at Zacks upgraded shares of Chiquita Brands International from an “underperform” rating to a “neutral” rating in a research note on Tuesday, January 7th. They now have a $12.10 price target on the stock. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $14.37.
Shares of Chiquita Brands International traded down 3.04% during mid-day trading on Monday, hitting $10.83. The stock had a trading volume of 455,055 shares. Chiquita Brands International has a 52 week low of $6.04 and a 52 week high of $13.68. The stock has a 50-day moving average of $10.99 and a 200-day moving average of $11.47. The company’s market cap is $507.2 million.
Chiquita Brands International last issued its quarterly earnings data on Thursday, February 27th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by $0.36. The company had revenue of $748.00 million for the quarter, compared to the consensus estimate of $723.70 million. During the same quarter in the previous year, the company posted ($7.20) earnings per share. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. Analysts expect that Chiquita Brands International will post $1.07 EPS for the current fiscal year.
Source: mideasttime.com
