Lamb Weston (NYSE:LW) Given New $50.00 Price Target at JPMorgan Chase & Co.

Lamb Weston (NYSE:LWGet Free Report) had its price target cut by JPMorgan Chase & Co. from $62.00 to $50.00 in a research note issued on Monday,MarketScreener reports. The brokerage presently has a “neutral” rating on the specialty retailer’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 19.19% from the stock’s previous close.

LW has been the subject of a number of other research reports. BNP Paribas set a $48.00 target price on Lamb Weston in a report on Monday. Wells Fargo & Company cut their price target on shares of Lamb Weston from $68.00 to $54.00 and set an “overweight” rating for the company in a report on Tuesday. Jefferies Financial Group raised their price objective on shares of Lamb Weston from $67.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Sanford C. Bernstein dropped their target price on shares of Lamb Weston from $65.00 to $46.00 in a report on Tuesday. Finally, TD Cowen reduced their price target on shares of Lamb Weston from $60.00 to $55.00 and set a “hold” rating for the company in a research report on Monday. Three equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, Lamb Weston presently has an average rating of “Hold” and an average target price of $54.18.

Check Out Our Latest Stock Analysis on Lamb Weston

Lamb Weston Stock Performance

NYSE LW opened at $41.95 on Monday. The firm has a market cap of $5.83 billion, a P/E ratio of 15.07, a P/E/G ratio of 4.03 and a beta of 0.44. The company has a quick ratio of 0.64, a current ratio of 1.43 and a debt-to-equity ratio of 2.08. The business’s 50-day moving average price is $59.64 and its 200 day moving average price is $56.98. Lamb Weston has a 52-week low of $41.41 and a 52-week high of $68.61.

Lamb Weston (NYSE:LWGet Free Report) last announced its quarterly earnings data on Friday, December 19th. The specialty retailer reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. Lamb Weston had a net margin of 6.06% and a return on equity of 27.71%. The firm had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter last year, the firm earned $0.66 earnings per share. The firm’s revenue was up 1.1% compared to the same quarter last year. On average, equities research analysts expect that Lamb Weston will post 3.1 earnings per share for the current year.

Institutional Investors Weigh In On Lamb Weston

A number of institutional investors and hedge funds have recently bought and sold shares of LW. State Street Corp increased its position in Lamb Weston by 1.1% during the second quarter. State Street Corp now owns 5,801,585 shares of the specialty retailer’s stock worth $300,812,000 after buying an additional 63,865 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Lamb Weston by 2.5% during the third quarter. Invesco Ltd. now owns 3,286,305 shares of the specialty retailer’s stock valued at $190,869,000 after acquiring an additional 79,257 shares during the last quarter. Norges Bank purchased a new stake in Lamb Weston during the 2nd quarter worth about $119,413,000. Capital Research Global Investors increased its position in Lamb Weston by 46.3% during the 3rd quarter. Capital Research Global Investors now owns 2,150,000 shares of the specialty retailer’s stock worth $124,872,000 after purchasing an additional 680,000 shares in the last quarter. Finally, Gates Capital Management Inc. raised its stake in Lamb Weston by 49.8% in the 1st quarter. Gates Capital Management Inc. now owns 2,016,142 shares of the specialty retailer’s stock valued at $107,460,000 after purchasing an additional 670,611 shares during the last quarter. Hedge funds and other institutional investors own 89.56% of the company’s stock.

Key Stores Impacting Lamb Weston

Here are the key news stories impacting Lamb Weston this week:

  • Positive Sentiment: Barclays reaffirmed an overweight recommendation on Lamb Weston, signaling continued conviction from that shop despite the recent selloff. Barclays maintains Lamb Weston overweight
  • Positive Sentiment: Unusually large call-option buying has been reported, indicating bullish positioning by some traders that could provide short-term support or volatility. Stock Traders Buy High Volume of Lamb Weston Call Options
  • Neutral Sentiment: Wells Fargo kept an overweight stance but cut its price target materially (from $68 to $54), a mixed signal: continued long bias but lower upside expectations. Wells Fargo price target cut
  • Neutral Sentiment: Several firms (TD Cowen, Stifel) are maintaining “hold” or neutral stances, reflecting broader analyst caution rather than bullish conviction. TD Cowen hold
  • Neutral Sentiment: Market summaries note that analysts as a group are neutral on Lamb Weston, which supports a lack of strong catalyst to reverse the downtrend. Analysts are neutral on consumer goods stocks
  • Negative Sentiment: BNP Paribas Exane downgraded Lamb Weston from outperform to neutral, removing a prior source of analyst upside. BNP Paribas Exane rating lowered
  • Negative Sentiment: Bank of America lowered its expectations for Lamb Weston’s stock price, adding to downward pressure from big-bank outlook adjustments. Bank of America lowers expectations
  • Negative Sentiment: Critical commentary and analysis highlight sustained underperformance and question valuation after the selloff — headlines and think pieces (Seeking Alpha, Benzinga) reinforce bearish sentiment and may discourage buyers. Seeking Alpha: Not a great deal after selloff Benzinga: Sustained underperformance

Lamb Weston Company Profile

(Get Free Report)

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.

Featured Stories

Analyst Recommendations for Lamb Weston (NYSE:LW)

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