Tyson Foods, Inc. (NYSE:TSN) had its price objective boosted by stock analysts at JPMorgan Chase & Co. from $51.00 to $53.00 in a research report issued on Wednesday, StockTargetPrices.com reports. JPMorgan Chase & Co.’s price target would suggest a potential upside of 0.78% from the stock’s current price.

Several other research firms also recently weighed in on TSN. Vetr downgraded Tyson Foods from a “buy” rating to a “hold” rating and set a $47.35 price objective for the company. in a research note on Monday, October 12th. Credit Suisse raised their price objective on Tyson Foods from $42.00 to $45.00 and gave the company a “neutral” rating in a research note on Tuesday, November 24th. Jefferies Group began coverage on Tyson Foods in a report on Tuesday, December 15th. They set a “buy” rating and a $61.00 target price on the stock. Stephens cut Tyson Foods from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $50.00 to $53.00 in a report on Monday, December 7th. Finally, BMO Capital Markets increased their target price on Tyson Foods from $52.00 to $53.00 and gave the company an “outperform” rating in a report on Tuesday, November 24th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $53.85.

Shares of Tyson Foods (NYSE:TSN) opened at 52.59 on Wednesday. The stock has a market cap of $21.08 billion and a P/E ratio of 17.83. Tyson Foods has a 12-month low of $37.10 and a 12-month high of $54.42. The company has a 50 day moving average price of $52.63 and a 200 day moving average price of $46.34.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, November 23rd. The company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.05. The company earned $10.50 billion during the quarter, compared to analysts’ expectations of $10.23 billion. Tyson Foods’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. Analysts anticipate that Tyson Foods will post $3.62 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 15th. Investors of record on Tuesday, March 1st will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Friday, February 26th.

In related news, insider Noel W. White sold 39,227 shares of Tyson Foods stock in a transaction on Wednesday, November 25th. The stock was sold at an average price of $50.07, for a total value of $1,964,095.89. Following the transaction, the insider now owns 81,842 shares in the company, valued at $4,097,828.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Donnie King sold 309,860 shares of Tyson Foods stock in a transaction on Wednesday, December 9th. The shares were sold at an average price of $52.69, for a total value of $16,326,523.40. Following the completion of the transaction, the insider now owns 170,487 shares in the company, valued at approximately $8,982,960.03. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of TSN. First Quadrant L P CA boosted its position in shares of Tyson Foods by 1,847.0% in the fourth quarter. First Quadrant L P CA now owns 507,482 shares of the company’s stock worth $27,064,000 after buying an additional 481,417 shares during the last quarter. British Columbia Investment Management Corp boosted its position in shares of Tyson Foods by 148.1% in the fourth quarter. British Columbia Investment Management Corp now owns 164,886 shares of the company’s stock worth $8,793,000 after buying an additional 98,439 shares during the last quarter. CIBC World Markets boosted its position in shares of Tyson Foods by 116.4% in the fourth quarter. CIBC World Markets now owns 155,408 shares of the company’s stock worth $8,288,000 after buying an additional 83,589 shares during the last quarter. Jennison Associates purchased a new position in shares of Tyson Foods during the third quarter worth $2,978,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Tyson Foods by 81.8% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 124,473 shares of the company’s stock worth $6,638,000 after buying an additional 56,000 shares during the last quarter.

Tyson Foods, Inc., is a food production company. The Company’s operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products. Beef, includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Pork, includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Prepared Foods, includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations of products through the supply chain. International, includes foreign operations related to raising and processing live chickens into fresh, frozen and value-added chicken products in across countries.

12 Month Chart for NYSE:TSN

Stock Target Prices

Receive News & Ratings for Tyson Foods Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods Inc. and related companies with MarketBeat.com's FREE daily email newsletter.