BMO Capital Reiterates a Buy Rating on Tyson Foods

By Ryan Adsit

In a report released yesterday, Kenneth Zaslow from BMO Capital reiterated a Buy rating on Tyson Foods (NYSE: TSN), with a price target of $84. The company’s shares closed yesterday at $57.60.

According to, Zaslow is a 5-star analyst with an average return of 12.6% and a 78.0% success rate. Zaslow covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Mondelez International, and AdvancePierre Foods.

Currently, the analyst consensus on Tyson Foods is Moderate Buy and the average price target is $70.40, representing a 22.2% upside.

In a report released today, Jefferies also maintained a Buy rating on the stock with a $75 price target.

Tyson Foods’ market cap is currently $20.76B and has a P/E ratio of 13.95. The company has a book value ratio of 2.1205.

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2016, Donald Smith, the President & CEO of TSN sold 61,994 shares for a total of $4,623,032.

Tyson Foods, Inc. engages in the production of processed food. It operates through the following segments: Chicken, Beef, Pork and Prepared Foods. The Chicken segment involves in domestic operations related to raising and processing live chickens into fresh, frozen, and value-added chicken products, as well as sales from allied products. The Beef segment includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. The Pork segment operates with live markets hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. The Prepared Foods segment manufactures and markets frozen and refrigerated food products and logistic operations to move products through the supply chain. The company was founded by John W. Tyson in 1935 and is headquartered in Springdale, AR.