TreeHouse Foods (THS – Research Report), the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Robert Moskow from TD Cowen maintained a Hold rating on the stock and has a $32.00 price target.
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Robert Moskow has given his Hold rating due to a combination of factors impacting TreeHouse Foods. The company’s fourth quarter results were in line with their previously lowered expectations, following a significant recall of frozen griddle products. This event, coupled with the shutdown and restoration of an Ontario facility, led to considerable sales loss, raising concerns about asset quality and operational efficiency.
Furthermore, despite plans to achieve substantial supply chain savings by 2027, Moskow is skeptical about the company’s progress due to ongoing disruptions. The outlook for 2025 net sales growth is modest, reflecting a challenging macroeconomic environment and soft category trends. These factors suggest that TreeHouse Foods may not fully capitalize on opportunities, such as increased demand for private label foods, prompting Moskow’s cautious stance with a Hold rating.
In another report released today, Barclays also maintained a Hold rating on the stock with a $36.00 price target.