Benson Hill (NYSE:BHIL) Stock Rating Upgraded by Zacks Investment Research - Defense World - Financial Daily News Site

Benson Hill (NYSE:BHIL) Stock Rating Upgraded by Zacks Investment Research – Defense World


Benson Hill (NYSE:BHIL – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday, Zacks.com reports.

According to Zacks, “Benson Hill Inc. is a food technology company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine. Benson Hill Inc., formerly known as Star Peak Corp II, is based in ST. LOUIS. “

BHIL has been the subject of several other reports. Barclays decreased their target price on Benson Hill from $8.00 to $5.00 and set an “overweight” rating for the company in a research report on Thursday, May 19th. Roth Capital initiated coverage on Benson Hill in a research note on Friday, March 25th. They set a “buy” rating and a $9.00 price target on the stock. Finally, The Goldman Sachs Group cut their price target on Benson Hill from $9.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 16th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $7.25.

Shares of NYSE:BHIL traded up $0.14 on Friday, hitting $3.49. 552,156 shares of the company’s stock were exchanged, compared to its average volume of 662,271. Benson Hill has a 12 month low of $2.45 and a 12 month high of $10.00. The business’s 50 day simple moving average is $3.65 and its two-hundred day simple moving average is $4.71. The company has a quick ratio of 3.27, a current ratio of 4.50 and a debt-to-equity ratio of 0.26.

Benson Hill (NYSE:BHIL – Get Rating) last released its earnings results on Monday, May 16th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.10. Analysts anticipate that Benson Hill will post -0.82 EPS for the current year.

Several institutional investors have recently made changes to their positions in BHIL. Wolverine Trading LLC purchased a new position in Benson Hill in the third quarter valued at about $397,000. Sculptor Capital LP purchased a new position in Benson Hill in the third quarter valued at about $918,000. Tao Capital Management LP purchased a new position in Benson Hill in the third quarter valued at about $12,654,000. Caisse DE Depot ET Placement DU Quebec purchased a new position in Benson Hill in the third quarter valued at about $3,708,000. Finally, Senvest Management LLC purchased a new position in Benson Hill in the third quarter valued at about $28,000. Hedge funds and other institutional investors own 13.45% of the company’s stock.

Benson Hill Company Profile (Get Rating)

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.

Further Reading

Get a free copy of the Zacks research report on Benson Hill (BHIL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com



Receive News & Ratings for Benson Hill Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Benson Hill and related companies with MarketBeat.com’s FREE daily email newsletter.

Tags: #Benson #Hill #NYSEBHIL #Stock #Rating #Upgraded #Zacks #Investment #Research #Defense #World

Leave a Comment