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

Benson Hill (NYSE:BHILGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Monday, 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 topic of a number of other research reports. The Goldman Sachs Group lowered their target price 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. Roth Capital assumed coverage on Benson Hill in a report on Friday, March 25th. They issued a “buy” rating and a $9.00 price target for the company. Finally, Barclays reduced their price target on Benson Hill from $10.00 to $8.00 and set an “overweight” rating for the company in a report on Tuesday, March 29th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Benson Hill presently has a consensus rating of “Buy” and a consensus price target of $8.00.

Shares of BHIL traded down $0.26 during mid-day trading on Monday, reaching $2.88. The company had a trading volume of 696,531 shares, compared to its average volume of 602,917. Benson Hill has a 52-week low of $2.53 and a 52-week high of $10.00. The company has a quick ratio of 3.27, a current ratio of 3.95 and a debt-to-equity ratio of 0.31. The company has a 50 day moving average price of $3.88.

Benson Hill (NYSE:BHILGet Rating) last issued its earnings results on Monday, March 28th. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.18). The firm had revenue of $43.72 million during the quarter. As a group, equities analysts anticipate that Benson Hill will post -0.77 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in BHIL. Senvest Management LLC acquired a new position in shares of Benson Hill during the third quarter valued at approximately $28,000. Wagner Wealth Management LLC acquired a new stake in shares of Benson Hill in the fourth quarter valued at approximately $30,000. Penserra Capital Management LLC acquired a new stake in shares of Benson Hill in the third quarter valued at approximately $79,000. Victory Capital Management Inc. acquired a new stake in shares of Benson Hill in the fourth quarter valued at approximately $94,000. Finally, Raymond James & Associates acquired a new stake in shares of Benson Hill in the fourth quarter valued at approximately $99,000. 13.45% of the stock is owned by institutional investors and hedge funds.

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.

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