Dean Foods Co (DF) Receives Consensus Rating of “Hold” from Brokerages

Shares of Dean Foods Co (NYSE:DF) have earned a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $13.06.

Several analysts have weighed in on DF shares. Vertical Group upgraded Dean Foods from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. Jefferies Group set a $16.00 price objective on Dean Foods and gave the company a “buy” rating in a research report on Sunday, October 29th. Credit Suisse Group lowered their price objective on Dean Foods from $10.00 to $8.50 and set an “underperform” rating for the company in a research report on Wednesday, November 8th. Zacks Investment Research upgraded Dean Foods from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research report on Thursday, January 18th. Finally, Morgan Stanley lowered their price objective on Dean Foods from $10.00 to $9.00 and set an “overweight” rating for the company in a research report on Wednesday, November 8th.

Shares of Dean Foods (NYSE DF) opened at $9.94 on Tuesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.28 and a quick ratio of 0.93. Dean Foods has a 12-month low of $9.01 and a 12-month high of $20.10. The firm has a market capitalization of $905.25, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 0.88 and a beta of 0.39.

Several institutional investors and hedge funds have recently bought and sold shares of DF. Advisor Group Inc. increased its stake in shares of Dean Foods by 40.7% during the second quarter. Advisor Group Inc. now owns 7,857 shares of the company’s stock valued at $133,000 after buying an additional 2,271 shares during the period. Voya Investment Management LLC increased its stake in shares of Dean Foods by 15.5% during the second quarter. Voya Investment Management LLC now owns 41,230 shares of the company’s stock valued at $701,000 after buying an additional 5,543 shares during the period. Royal Bank of Canada increased its stake in shares of Dean Foods by 1.6% during the second quarter. Royal Bank of Canada now owns 248,005 shares of the company’s stock valued at $4,216,000 after buying an additional 4,004 shares during the period. State Street Corp increased its stake in shares of Dean Foods by 2.0% during the second quarter. State Street Corp now owns 3,251,809 shares of the company’s stock valued at $55,278,000 after buying an additional 62,555 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in Dean Foods by 0.6% in the second quarter. The Manufacturers Life Insurance Company now owns 199,799 shares of the company’s stock worth $3,397,000 after purchasing an additional 1,165 shares during the period. 92.56% of the stock is currently owned by hedge funds and other institutional investors.

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Dean Foods Company 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. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.

Analyst Recommendations for Dean Foods (NYSE:DF)

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