Diamond Foods PT Raised to $20.00 (DMND)

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Diamond Foods (NASDAQ: DMND) had its price target increased by SunTrust from $15.00 to $20.00 in a research report sent to investors on Wednesday morning, Analyst Ratings.Net reports. The firm currently has a hold rating on the stock.

Diamond Foods (NASDAQ: DMND) traded up 0.15% on Wednesday, hitting $19.43. Diamond Foods has a 1-year low of $12.85 and a 1-year high of $24.80. The stock’s 50-day moving average is currently $15.99. The company’s market cap is $432.4 million.

A number of other firms have also recently commented on DMND. Analysts at Jefferies Group reiterated a hold rating on shares of Diamond Foods in a research note to investors on Tuesday. They now have a $19.00 price target on the stock, up previously from $15.00. Separately, analysts at Northland Securities raised their price target on shares of Diamond Foods from $15.00 to $17.00 in a research note to investors on Tuesday. Finally, analysts at Northland Capital Partners raised their price target on shares of Diamond Foods from $15.00 to $17.00 in a research note to investors on Tuesday. They now have a market perform rating on the stock.

One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Diamond Foods has an average rating of Hold and a consensus price target of $16.57.

Diamond Foods, Inc. (NASDAQ: DMND) is a packaged food company focused on building, acquiring and energizing brands.



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