$Beyond Meat, Inc.(BYND)$reiterating a hold at this current date and price. Might have to cut fast if their situation doesn't improve or add on if people can be magically convinced their products taste decent. At the moment it is looking like more towards the former And impossible food looks a more viable survivor between the two Not to mention the numerous smaller competitors with better quality products taking over them shortly.
The 13 analysts offering 12-month price forecasts for Beyond Meat Inc have a median target of 22.00, with a high estimate of 35.00 and a low estimate of 9.00. The median estimate represents a -17.88% decrease from the last price of 26.79.
Analyst Recommendations
The current consensus among 19 polled investment analysts is to hold stock in Beyond Meat Inc. This rating has held steady since August, when it was unchanged from a hold rating.
Comments