ICR Guides Bob Evans in Big Breakfast Deal

The deal has already been approved by the boards of both companies and is expected to close in the first quarter of 2018

"(BOBE) Raised to "Buy" at Zacks Investment Research" was first published by BBNS and is owned by of BBNS.

06/25/2015 - Bob Evans Farms, Inc. was upgraded to "buy" by analysts at Miller Tabak. They issued an "outperform" rating and a $67.41 target price on the stock. They now have a Dollars 76 price target on the stock.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Bob Evans to Post Holdings, Inc. Maxim Group upped their price objective on shares of Bob Evans Farms from $74.00 to $80.00 and gave the stock a "buy" rating in a research note on Tuesday, June 13th.

There are 5 hold ratings, 2 buy ratings on the stock. Additionally Bob Evans Farms, Inc. recently announced a dividend that was paid on Monday the 18th of September 2017. The stock was trading at a distance of -0.07% from its 52-week highs and stands 119.72% away from its 52-week lows. (NASDAQ:BOBE) expressed a change of 1.42% and closed its trade at $72.93.

Russian Federation fires cruise missiles at IS militants, equipment in Syria
The monitoring group said the USA -led global coalition, which is supporting non-government forces, was partly to blame. The militants control less than half the city and are encircled on three sides with their backs to the Euphrates River.

Company shares last traded at $71.91 marginally over the 50 day moving average which is $67.08 and which is just a bit higher than the 200 day moving average of $66.76. Gilder Gagnon Howe & Com Lc invested 0.12% of its portfolio in Sientra Inc (NASDAQ:SIEN). The dividend payment will be $0.340 per share for the quarter which comes to $1.36 on an annualized basis. The firm had revenue of $109.30 million for the quarter, compared to analysts' expectations of $102.29 million. In the latest earnings report the EPS was $6.16 and is estimated to be $2.19 for the current year with 19,942,000 shares presently outstanding. Los Angeles Mngmt Equity Inc reported 0.01% in Bob Evans Farms Inc (NASDAQ:BOBE).

Post expects Bob Evans to contribute approximately $107 million in adjusted pre-tax earnings, with cost synergies of around $25 million a year by the third full fiscal year after completion. The SI to Bob Evans Farms Incorporated's float is 7.55%. (NASDAQ:BOBE) released its quarterly earnings data on Wednesday, August 30th. If you are accessing this article on another publication, it was copied illegally and republished in violation of worldwide trademark and copyright law. The original version of this article can be accessed at https://www.truebluetribune.com/2017/09/15/bob-evans-farms-bobe-buy-rating-reaffirmed-at-maxim-group.html.

On 6/22/2017 Thomas Alan Ashworth, SVP, sold 7,100 with an average share price of $70.70 per share and the total transaction amounting to $501,970.00. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. The institutional investor held 46,448 shares of the edp services company at the end of 2016Q4, valued at $2.19 million, up from 37,604 at the end of the previous reported quarter. Barclays Public Ltd Company has invested 0% of its portfolio in Bob Evans Farms Inc (NASDAQ:BOBE). Point72 Asset Management, L.p. added to its position by buying 335,000 shares an increase of 1,308.6% in the quarter. Flinton Capital Management LLC lifted its stake in Bob Evans Farms by 60.0% during the second quarter. Netols Asset Management, Inc. now owns 155,904 shares valued at $10,113,000. Short interest increased from 1,202,396 to 1,475,642 over that period. Finally, State Street Corp grew its position in Bob Evans Farms by 2.0% in the second quarter. However, the institutional investors are observed to own 79.70% of the total shares.

Bob Evans Farms, Inc.is a producer and distributor of refrigerated potato, pasta and vegetable side dishes, pork sausage, and a variety of refrigerated and frozen food items under the Bob Evans and Owens or Country Creek brand names.

Related news:

Hot News

isis-killer-beheading-video-story-top Blac Chyna and Rob Kardashian finally settle custody battle
Sep 19, 2017 - 00:41
A report from TMZ claimed that the former couple had settled the custody war and it was Rob who paid a heavy price for it. According to her legal team, the most recent custody agreement "does not resolve all disputes between Chyna and Rob ".

isis-killer-beheading-video-story-top CAFOD partners rush aid to Rohingya refugees in Bangladesh
Sep 18, 2017 - 00:19
A total of 8,500 temporary toilets will be built and 14 "makeshift warehouses" will be set up near the shelters. Food, clean water and sanitation, and medical and health services are urgently needed.

isis-killer-beheading-video-story-top USA options on North Korea 'effective and overwhelming'
Sep 17, 2017 - 00:31
McMaster says North Korea is on track to having a nuclear weapon that could threaten its neighbors and the United States. Haley noted that the US and the U.N. have saddled the hermit nation with crippling sanctions.

isis-killer-beheading-video-story-top Mauricio Pochettino has revealed what his favourite Harry Kane goal is
Sep 17, 2017 - 00:29
Tottenham should have had a penalty late on in the second half, when Aurier was tripped by Jordan Ayew . "I think if you went around the group it would surprise you how many of our players have been there".

isis-killer-beheading-video-story-top Kansas unemployment rate ticks up to 3.9 percent in August
Sep 16, 2017 - 00:44
Non-seasonally adjusted jobless rates in all of Delaware's major cities and counties rose slightly or remained steady in August. Those were offset by the loss of 4,600 professional and business services jobs and 1,300 in financial activities.

isis-killer-beheading-video-story-top Fire at Kuala Lumpur's Islamic school kills 25 students and teachers
Sep 16, 2017 - 00:40
Another fire department official, Soiman Jahid, said firefighters heard shouts for help when they arrived at the school . When met by theSun , a relative said the remains of a 14-year-old student had been identified by his mother.

isis-killer-beheading-video-story-top Odell Beckham Jr. goes through team drills with Giants
Sep 15, 2017 - 00:17
Two of those losses came at Arrowhead Stadium, which will be the site of Sunday's game against Philadelphia. Getting a healthy Beckham back would certainly help.

isis-killer-beheading-video-story-top Jose weakens to tropical storm, but expected to get a second wind
Sep 15, 2017 - 00:15
The hurricane center shows tropical storm-force winds affecting the central and northern North Carolina coast by Sunday morning. USA Today said on Thursday the storm was likely to shift northward, edging the Mid-Atlantic as it tracked up the coast.

isis-killer-beheading-video-story-top LA officially awarded 2028 Olympic Games
Sep 14, 2017 - 00:46
IOC President Thomas Bach , the driving force behind the double award, described the candidacies as a “golden opportunity”. The last American city to bid for the Summer Games was Chicago, losing the 2016 Olympic vote to Rio de Janeiro.

isis-killer-beheading-video-story-top 'Kohli better than Smith in limited overs'
Sep 14, 2017 - 00:45
After making the final of the Champions Trophy, they recorded series wins in the West Indies and Sri Lanka . Kohli had once said that Chahal doesn't fear bowling during any stage of an innings.

isis-killer-beheading-video-story-top Angelina Jolie stuns in Givenchy alongside her brood at 'The Breadwinner' premiere
Sep 14, 2017 - 00:44
She continued: "I think [that] helped him to grow and evolve in a way that I couldn't do myself". Many cited the busy schedules of Jolie and Pitt as the possible reason of separation.

isis-killer-beheading-video-story-top Under scrutiny, Kaspersky Lab considers changes to United States subsidiary
Sep 14, 2017 - 00:43
In June, she successfully amended the defense policy bill to ban the Defense Department from using Kaspersky software. The department cited concern about possible ties between Kaspersky officials and Russian intelligence.

isis-killer-beheading-video-story-top Volkswagen ID Crozz: The SUV Crossover Electric Vehicle
Sep 14, 2017 - 00:38
Unlike Volvo, which already pledged to only sell cars with electric motors from 2019, VW isn't putting ICE on ice just yet. Volkswagen (VW) has announced plans to offer an electric version of each of their 300 vehicle models by 2030.

isis-killer-beheading-video-story-top Needle Moving Activity Spotted in Teva Pharmaceutical Industries Limited (NYSE:TEVA)
Sep 13, 2017 - 00:10
Analysts have placed a $25.48 price target on Teva Pharmaceutical Industries Limited, suggesting a 37.73% gain from recent close. Teva Pharmaceutical Industries Limited (NYSE: TEVA ) last released its quarterly earnings results on Thursday, August 3rd.

isis-killer-beheading-video-story-top Saakashvili Enters Ukraine the Hard Way
Sep 12, 2017 - 00:31
Poroshenko granted Saakashvili Ukrainian citizenship in May 2015, when appointing him as the Governor of Odessa. Saakashvili said his supporters "carried" him across the border, the BBC reported.