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Home › Sanderson Farms (SAFM) Stock Retreating Following Price Target Decrease

 

Sanderson Farms (SAFM) Stock Retreating Following Price Target Decrease

2015-07-27 16:57:07| Food - Topix.net

Analysts have a cautious view on pure-play chicken stocks as chicken prices have softened due to supplies outpacing demand, according to the analyst note. Looking forward, chicken prices are expected to go down even more due to seasonally lower demand and lower pork prices.

Tags: price stock target decrease

Category:Food and Related Products

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