Jefferies Starts TreeHouse Foods (THS) at Hold
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Price: $24.43 --0%
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 13 | New: 9
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 13 | New: 9
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Jefferies initiates coverage on TreeHouse Foods (NYSE: THS) with a Hold rating and $59 price target.
The firm states, "We view THS as a good operator in a complex private label industry, competing in some attractive and some mediocre categories with strong management that has a good eye for acquisition opportunities. What is missing for us though is the company’s organic growth, which should outpace the branded peers’ U.S. business, but is actually lagging."
For more ratings news on TreeHouse Foods click here and for the rating history of TreeHouse Foods click here.
Shares of TreeHouse Foods closed at $57.32 yesterday.
The firm states, "We view THS as a good operator in a complex private label industry, competing in some attractive and some mediocre categories with strong management that has a good eye for acquisition opportunities. What is missing for us though is the company’s organic growth, which should outpace the branded peers’ U.S. business, but is actually lagging."
For more ratings news on TreeHouse Foods click here and for the rating history of TreeHouse Foods click here.
Shares of TreeHouse Foods closed at $57.32 yesterday.
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