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Hormel Foods Corporation (HRL) [hlAlert]

Rating:
Hold HRL
up 21.93 %

Hormel Foods Corporation (HRL) downgraded to Hold with price target $76 by Deutsche Bank

Posted on: Monday,  Dec 14, 2015  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Hold Hormel Foods Corporation (NYSE: HRL) on 12/14/2015. Previously Deutsche Bank rated Buy Hormel Foods Corporation (NYSE: HRL) on
08/20/2015., when the stock price was $63.65. Since then, Hormel Foods Corporation has gained 21.93% as of 12/14/2015's recent price of $77.61.
If you would have followed the previous Deutsche Bank's recommendation on HRL, you would have gained 21.93% of your investment in 116 days.

Hormel Foods Corporation is a multinational manufacturer and marketer of consumer-branded meat and food products, many of which are among the best known and trusted in the food industry. Products manufactured by the corporation include hams, bacon, sausages, franks, canned luncheon meats, stews, chilies, hash, meat spreads, shelf-stable microwaveable entrees, salsas and frozen processed foods. These selections are sold to retail, foodservice and wholesale operations under many well-established trademarks some include BLACK LABEL, CHI-CHI'S, DINTY MOORE, & HORMEL.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2015 1:25 PM Hold
None
77.61 76.00
as of 8/27/2015
1 Week down  -3.56 %
1 Month down  -3.56 %
3 Months down  -3.56 %
1 YTD down  -23.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/20/2015 1:25 PM Buy
None
63.65 66.00
11/21/2014 1:25 PM Hold
None
54.14 53.00
11/12/2010 1:25 PM Sell
None
22.74 19.00
8/18/2010 1:25 PM Sell
None
21.80 19.00
4/22/2010 8:25 AM Sell
None
19.83

(*) Stock Price at the time of the recommendation.
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