Shares of Flowers Foods Inc. (NYSE:FLO) traded at a new 52-week high today of $27.84. So far today approximately 214,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
Based on a current price of $27.77, Flowers Foods Inc. is currently 32.1% above its average consensus analyst price target of $18.86.
Over the past year, Flowers Foods Inc. has traded in a range of $21.66 to $27.84 and is now at $27.77, 28% above that low.
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The operating segments are divided into direct store delivery, which provides fresh breads, tortillas, cakes, and rolls; and the warehouse segment, which distributes fresh snack cakes and frozen breads and rolls. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, and Tastykake.
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