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JPMorgan Upgrades Dean Foods (NYSE:DF) to Overweight From Neutral Rating


Dean Foods (NYSE:DF) Change of Rating

In analysts report issued today, JPMorgan upgraded shares of Dean Foods (NYSE:DF) to Overweight rating from Neutral rating.

In spite of the firm’s rating upgrade NYSE:DF is right now trading 0.00% lower at $18.75 as of 2:03 AM New York time. Dean Foods’s stock is 0% over the last 200 days. It has underperformed the S&P500 Index, which has risen 13.56% over the same time.

According to data compiled by Thomson Reuters, Dean Foods (NYSE:DF)’s stock is covered by 10 equity analysts across the Street, with 2 analysts giving it a Sell rating, 5 a Buy rating, while 6 consider it a Hold. The 12-month consensus target price for the stock is $20.8, which reflects an upside potential of 10.93% over the current price.


Institutional Ownership

Nine Chapters Capital Management Llc had the biggest stake with ownership of 26,200 shares as of Q2 2015 for 3.03% of the portfolio. Denver Investment Advisors Llc is another quite bullish fund who is having 2.45 million shares of Dean Foods or 1.77% of their portfolio. In addition, Adirondack Research & Management Inc. have 1.59% of their portfolio invested in the company for 267,917 shares. The California-based fund Lombardia Capital Partners Llc disclosed it had bought a stake worth about 0.9% of the fund’s stock portfolio in Dean Foods. The Texas-based fund Smith Graham & Co. Investment Advisors Lp is also positive about the stock, possessing 806,303 shares or 0.85% of their portfolio.

Dean Foods (NYSE:DF) Profile

Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products.

Dean Foods (NYSE:DF) closed at $18.75 yesterday. A total of 1,000 shares of the company’s stock traded hands. This is down from average of 1.69M shares. Dean Foods has a 52 week low of $15.69 and a 52 week high of $22.31. The company has a market cap of $1.69B and a P/E ratio of 14.23.

Get the latest Dean Foods (NYSE:DF) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post JPMorgan Upgrades Dean Foods (NYSE:DF) to Overweight From Neutral Rating appeared first on Octafinance.



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JPMorgan Upgrades Dean Foods (NYSE:DF) to Overweight From Neutral Rating

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