Exane BNP Paribas initiated coverage on Hormel Foods with a new price target
$HRL
Meat/Poultry/Fish
Consumer Staples
Exane BNP Paribas initiated coverage of Hormel Foods with a rating of Underperform and set a new price target of $28.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/23/2025 | $35.00 | Buy | Goldman |
| 5/27/2025 | $30.00 | Underperform → Neutral | BNP Paribas Exane |
| 4/15/2025 | $35.00 | Underperform → Neutral | BofA Securities |
| 10/21/2024 | $28.00 | Underperform | Exane BNP Paribas |
| 10/3/2024 | $31.00 | Equal-Weight | Stephens |
| 8/13/2024 | $33.00 → $37.00 | Neutral → Buy | Citigroup |
| 5/31/2024 | $28.00 → $29.00 | Underweight → Neutral | JP Morgan |
| 2/1/2024 | $31.00 | Neutral | Citigroup |
Goldman initiated coverage of Hormel Foods with a rating of Buy and set a new price target of $35.00
BNP Paribas Exane upgraded Hormel Foods from Underperform to Neutral and set a new price target of $30.00
BofA Securities upgraded Hormel Foods from Underperform to Neutral and set a new price target of $35.00
Paul Peil promoted to the role of Vice President of Marketing for Fresh and Ready MeatsChristie Crouch joins company as Vice President of Marketing for Snacking and Entertaining AUSTIN, Minn., July 23, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced two leadership appointments in its Retail business segment. Paul Peil, a 35-year veteran with the company, has been promoted to the role of vice president of marketing for Fresh and Ready Meats. Christie Crouch, a seasoned marketing executive with a strong track record in the food industry, joins the company as vice president of marketing for Snacking and Entertaining.
Program Spotlights and Supports Young Leaders Addressing Food Insecurity and Driving Sustainable Food Solutions AUSTIN, Minn., July 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is now accepting nominations for the 2025 class of 10 Under 20 Food Heroes. The impact-driven program, now in its fourth year, recognizes the efforts of young people across the United States who are contributing to a more sustainable food system — a system that produces and shares food in ways that uplift people and communities while nurturing the planet.
Selling Power recognizes the company's culture of success and dynamic team of sales professionals AUSTIN, Minn., July 14, 2025 /PRNewswire/ -- For the 24th time, Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, has made the Selling Power magazine's 60 Best Companies to Sell For 2025 list. The list recognizes 60 of the most deserving sales organizations in the United States. "Being named one of the top companies to sell for in the nation is a tremendous honor," said PJ Connor, group vice president of Retail Sales at Hormel Foods. "Once again, thi
Paul Peil promoted to the role of Vice President of Marketing for Fresh and Ready MeatsChristie Crouch joins company as Vice President of Marketing for Snacking and Entertaining AUSTIN, Minn., July 23, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced two leadership appointments in its Retail business segment. Paul Peil, a 35-year veteran with the company, has been promoted to the role of vice president of marketing for Fresh and Ready Meats. Christie Crouch, a seasoned marketing executive with a strong track record in the food industry, joins the company as vice president of marketing for Snacking and Entertaining.
Program Spotlights and Supports Young Leaders Addressing Food Insecurity and Driving Sustainable Food Solutions AUSTIN, Minn., July 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is now accepting nominations for the 2025 class of 10 Under 20 Food Heroes. The impact-driven program, now in its fourth year, recognizes the efforts of young people across the United States who are contributing to a more sustainable food system — a system that produces and shares food in ways that uplift people and communities while nurturing the planet.
Selling Power recognizes the company's culture of success and dynamic team of sales professionals AUSTIN, Minn., July 14, 2025 /PRNewswire/ -- For the 24th time, Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, has made the Selling Power magazine's 60 Best Companies to Sell For 2025 list. The list recognizes 60 of the most deserving sales organizations in the United States. "Being named one of the top companies to sell for in the nation is a tremendous honor," said PJ Connor, group vice president of Retail Sales at Hormel Foods. "Once again, thi
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Aakre extends his service to the company by joining Hormel Foods board of directors AUSTIN, Minn., May 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced that Scott Aakre, group vice president and chief marketing officer for Retail, will retire at the end of the company's fiscal 2025 after 35 years of distinguished service. His responsibilities will be transitioned internally. The company also announced that Aakre, who serves on The Hormel Foundation board, was appointed to the Hormel Foods board of directors, effective May 15, 2025, enabling the company to continue benefiting from his expertise.
AUSTIN, Minn., March 20, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced today that Jeffrey M. Ettinger, chairman of The Hormel Foundation, has been re-appointed to the Hormel Foods Board of Directors, effective March 21, 2025. The Hormel Foundation, an unaffiliated non-profit organization with a charitable mission, beneficially owns approximately 46% of Hormel Foods outstanding common stock. Ettinger previously served on the Hormel Foods Board of Directors and spent nearly three decades with the company, retiring in 2016 after a successful tenure as president and chief executive officer.
AUSTIN, Minn., Jan. 30, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the upcoming retirement of Mark Ourada, group vice president, Foodservice, following 37 years of dedicated service and leadership. Throughout his nearly four-decade-long career with the company, Ourada has played an active role in the successful development and evolution of the $3.8 billion Foodservice business segment. He was also instrumental in the PLANTERS® brand integration and helped the company drive focus and growth in the convenience store channel.