TD Cowen Cuts Lamb Weston (NYSE:LW) Price Target to $55.00

Lamb Weston (NYSE:LW) had its price objective reduced by TD Cowen from $60.00 to $55.00 in a research note issued on Monday,MarketScreener reports. The firm currently has a “hold” rating on the specialty retailer’s stock. TD Cowen’s price target points to a potential upside of 31.11% from the company’s current price.

A number of other equities research analysts have also commented on the company. Cowen reissued a “hold” rating on shares of Lamb Weston in a research report on Wednesday, October 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lamb Weston in a report on Monday. Stifel Nicolaus cut their price target on shares of Lamb Weston from $63.00 to $50.00 and set a “hold” rating on the stock in a report on Monday. Zacks Research lowered shares of Lamb Weston from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Finally, Bank of America dropped their target price on shares of Lamb Weston from $66.00 to $53.00 and set a “neutral” rating on the stock in a research report on Monday. Three analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $54.18.

Lamb Weston Price Performance

Shares of LW opened at $41.95 on Monday. The business’s fifty day moving average is $59.64 and its 200 day moving average is $56.98. Lamb Weston has a 12-month low of $41.41 and a 12-month high of $68.61. 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 stock 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.

Lamb Weston (NYSE:LW) last released its quarterly earnings data on Friday, December 19th. The specialty retailer reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.59 billion. Lamb Weston had a net margin of 6.06% and a return on equity of 27.71%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period last year, the firm earned $0.66 earnings per share. Sell-side analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lamb Weston

Hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp boosted its holdings in shares of Lamb Weston by 1.1% in the second quarter. State Street Corp now owns 5,801,585 shares of the specialty retailer’s stock worth $300,812,000 after acquiring an additional 63,865 shares during the period. Invesco Ltd. lifted its holdings in Lamb Weston by 2.5% during the 3rd quarter. Invesco Ltd. now owns 3,286,305 shares of the specialty retailer’s stock worth $190,869,000 after purchasing an additional 79,257 shares in 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 boosted its stake in Lamb Weston by 46.3% in 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 during the period. Finally, Gates Capital Management Inc. grew its holdings in Lamb Weston by 49.8% during 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 buying an additional 670,611 shares in the last quarter. Institutional investors own 89.56% of the company’s stock.

Trending Headlines about 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

About Lamb Weston

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.