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Jefferies Keeps a Buy Rating on Hostess Brands (TWNK)

Jefferies analyst Robert Dickerson maintained a Buy rating on Hostess Brands (TWNKResearch Report) today and set a price target of $26.00. The company’s shares closed last Friday at $21.71, equals to its 52-week high of $21.71.

According to TipRanks.com, Dickerson is a 3-star analyst with an average return of 4.5% and a 59.0% success rate. Dickerson covers the Consumer Goods sector, focusing on stocks such as Real Good Food Company, Inc. Class A, Mondelez International, and Lamb Weston Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hostess Brands with a $23.00 average price target.

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The company has a one-year high of $21.71 and a one-year low of $14.16. Currently, Hostess Brands has an average volume of 2.47M.

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Hostess Brands, Inc. engages in developing, manufacturing, marketing, selling and distributing baked goods. It operates through following segments: Sweet Baked Goods and In-Store Bakery. The Sweet Baked Goods segment consists of fresh and frozen baked goods and bread products that are sold under the Hostess, Dolly Madison, Cloverhill and Big Texas brands. The In-Store Bakery segment consists of Superior on Main branded and store-branded products sold through the in-store bakery section of grocery and club stores. The company was founded in 1919 and is headquartered in Kansas, MO.

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