Exane BNP Paribas initates Flowers Foods, Inc (FLO) rating to an Underperform

NUE

In a filing, Flowers Foods, Inc revealed its Director DEESE GEORGE E acquired Company’s shares for reported $0.1 million on May 27 ’25. In the deal valued at $16.84 per share,6,000 shares were bought. As a result of this transaction, DEESE GEORGE E now holds 2,004,990 shares worth roughly $33.58 million.

Then, McFadden William Jameson bought 3,000 shares, generating $50,760 in total proceeds. Upon buying the shares at $16.92, the Director now owns 532,476 shares.

Before that, Chubb Thomas Caldecot III bought 3,000 shares. Flowers Foods, Inc shares valued at $50,640 were divested by the Director at a price of $16.88 per share. As a result of the transaction, Chubb Thomas Caldecot III now holds 45,861 shares, worth roughly $0.77 million.

Exane BNP Paribas initiated its Flowers Foods, Inc [FLO] rating to an Underperform in a research note published on July 10, 2024; the price target was $20. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in early March with a ‘”a Neutral”‘ rating. Deutsche Bank also remained covering FLO and has increased its forecast on March 03, 2023 with a “Hold” recommendation from previously “Sell” rating. Deutsche Bank revised its rating on December 06, 2022. It rated FLO as “a Sell” which previously was an “a Hold”.

Price Performance Review of FLO

On Friday, Flowers Foods, Inc [NYSE:FLO] saw its stock jump 0.22% to $16.75. Over the last five days, the stock has gained 0.76%. Flowers Foods, Inc shares have fallen nearly -18.94% since the year began. Nevertheless, the stocks have fallen -27.75% over the past one year. While a 52-week high of $23.87 was reached on 01/03/25, a 52-week low of $16.28 was recorded on 05/23/25. SMA at 50 days reached $17.63, while 200 days put it at $20.24.

Levels Of Support And Resistance For FLO Stock

The 24-hour chart illustrates a support level at 16.54, which if violated will result in even more drops to 16.37. On the upside, there is a resistance level at 16.84. A further resistance level may holdings at 16.98. The Relative Strength Index (RSI) on the 14-day chart is 43.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.38%. Stochastics %K at 39.94% indicates the stock is a holding.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.