Lamb Weston (NYSE:LW - Get Free Report) had its target price increased by equities researchers at Stifel Nicolaus from $65.00 to $80.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a "hold" rating on the specialty retailer's stock. Stifel Nicolaus' target price would suggest a potential upside of 3.39% from the company's previous close.

Several other equities research analysts also recently issued reports on LW. TD Cowen lifted their price target on shares of Lamb Weston from $61.00 to $65.00 and gave the stock a "hold" rating in a research note on Tuesday, September 24th. Wells Fargo & Company lifted their target price on Lamb Weston from $70.00 to $77.00 and gave the stock an "overweight" rating in a research report on Thursday, October 3rd. Barclays raised their price objective on Lamb Weston from $70.00 to $74.00 and gave the company an "overweight" rating in a research note on Friday, October 4th. Bank of America lifted their price objective on Lamb Weston from $68.00 to $80.00 and gave the stock a "neutral" rating in a report on Monday. Finally, Citigroup increased their target price on Lamb Weston from $76.00 to $90.00 and gave the company a "buy" rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $82.22.

View Our Latest Report on LW

Shares of NYSE LW opened at $77.38 on Friday. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.19 and a quick ratio of 0.54. Lamb Weston has a 1-year low of $52.99 and a 1-year high of $111.88. The company has a market capitalization of $11.17 billion, a price-to-earnings ratio of 10.33, a PEG ratio of 1.27 and a beta of 0.75. The business has a 50-day moving average of $66.45 and a 200-day moving average of $74.59.

Lamb Weston (NYSE:LW - Get Free Report) last released its quarterly earnings results on Tuesday, October 1st. The specialty retailer reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.01. The firm had revenue of $1.65 billion during the quarter, compared to analysts' expectations of $1.55 billion. Lamb Weston had a return on equity of 34.33% and a net margin of 9.57%. Lamb Weston's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.63 EPS. On average, equities analysts anticipate that Lamb Weston will post 4.26 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the business. Sei Investments Co. grew its position in shares of Lamb Weston by 20.0% during the 1st quarter. Sei Investments Co. now owns 207,710 shares of the specialty retailer's stock valued at $22,128,000 after buying an additional 34,553 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Lamb Weston by 66.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,643 shares of the specialty retailer's stock valued at $4,028,000 after acquiring an additional 15,364 shares during the period. Empowered Funds LLC bought a new position in shares of Lamb Weston during the first quarter valued at approximately $810,000. Confluence Investment Management LLC acquired a new stake in shares of Lamb Weston during the 2nd quarter worth approximately $7,937,000. Finally, EntryPoint Capital LLC bought a new stake in shares of Lamb Weston in the 1st quarter worth approximately $28,000. Institutional investors own 89.56% of the company's stock.

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.

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