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Where Does Wall Street Think Cal-Maine Foods Inc (CALM) Stock Will Go?

Friday, September 30, 2022 11:53 AM | InvestorsObserver Analysts
Where Does Wall Street Think Cal-Maine Foods Inc (CALM) Stock Will Go?

Wall Street is positive on Cal-Maine Foods Inc (CALM). On average, analysts give the stock a Buy rating. The average price target is $57.5, which means analysts expect the stock to climb by 0.97% over the next twelve months. That average ranking earns the stock an Analyst Rating of 18, which is better than 18% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.5
Wall Street analysts are rating CALM a Buy today. Find out what this means to you and get the rest of the rankings on CALM!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Cal-Maine Foods Inc Stock Today?

Cal-Maine Foods Inc (CALM) stock is trading at $56.95 as of 11:53 AM on Friday, Sep 30, a loss of -$1.72, or -2.93% from the previous closing price of $58.67. The stock has traded between $55.66 and $59.33 so far today. Volume today is 706,198 compared to average volume of 935,179. Click Here to get the full Stock Report for Cal-Maine Foods Inc stock.

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