AdvancePierre Foods Holdings Inc (NASDAQ:APFH) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $25.66 and last traded at $24.95, with a volume of 473,267 shares changing hands. The stock had previously closed at $24.95.

A number of equities research analysts have issued reports on the company. Barclays PLC assumed coverage on AdvancePierre Foods Holdings in a research report on Tuesday. They issued an “equal weight” rating and a $27.00 price target on the stock. Deutsche Bank AG assumed coverage on AdvancePierre Foods Holdings in a report on Tuesday. They issued a “buy” rating and a $28.00 price objective on the stock. BMO Capital Markets assumed coverage on AdvancePierre Foods Holdings in a report on Tuesday. They issued an “outperform” rating and a $29.00 price objective on the stock. Morgan Stanley assumed coverage on AdvancePierre Foods Holdings in a report on Tuesday. They issued an “overweight” rating and a $28.00 price objective on the stock. Finally, Goldman Sachs Group Inc. assumed coverage on AdvancePierre Foods Holdings in a report on Tuesday. They issued a “neutral” rating and a $27.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $28.00.

The stock has a market cap of $1.65 billion and a PE ratio of 38.38. The stock has a 50-day moving average price of $0.00 and a 200-day moving average price of $0.00.

In other AdvancePierre Foods Holdings news, Director Principal Opportunities Fu Ocm sold 8,630,190 shares of the business’s stock in a transaction dated Wednesday, July 20th. The stock was sold at an average price of $21.00, for a total transaction of $181,233,990.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

AdvancePierre Foods Holdings, Inc, formerly Pierre Foods Holding Corporation, is a producer and distributor of sandwiches, sandwich components, and other entrees and snacks. The Company operates through segments, including Foodservice, which sells its products to national and regional distributors; Retail, which supplies its products to national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores; Convenience, which sells its products to national and regional convenience chains and vending providers, and Industrial, which includes sales to other food producers under short-term co-manufacturing agreements.

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