Benson Hill (NYSE:BHIL) PT Lowered to $5.00 at Barclays

Benson Hill (NYSE:BHILGet Rating) had its price objective reduced by Barclays from $8.00 to $5.00 in a research note issued to investors on Thursday, Stock Target Advisor reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective would indicate a potential upside of 58.73% from the company’s current price.

Other research analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Benson Hill from a “sell” rating to a “hold” rating in a research report on Monday, May 9th. The Goldman Sachs Group dropped their price objective on shares of Benson Hill from $9.00 to $6.00 and set a “neutral” rating for the company in a research report on Wednesday, March 16th. Finally, Roth Capital assumed coverage on Benson Hill in a research report on Friday, March 25th. They issued a “buy” rating and a $9.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $7.25.

Shares of BHIL stock opened at $3.15 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.95 and a quick ratio of 3.27. Benson Hill has a 12-month low of $2.45 and a 12-month high of $10.00. The firm has a 50-day moving average price of $3.82 and a 200 day moving average price of $4.83.

Benson Hill (NYSE:BHILGet Rating) last announced its earnings results on Monday, May 16th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.10. On average, research analysts predict that Benson Hill will post -0.77 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in BHIL. Caisse DE Depot ET Placement DU Quebec bought a new position in Benson Hill during the 3rd quarter worth approximately $3,708,000. Tao Capital Management LP bought a new position in shares of Benson Hill during the third quarter worth $12,654,000. Caas Capital Management LP acquired a new position in shares of Benson Hill in the 3rd quarter valued at $428,000. Smith Moore & CO. bought a new stake in shares of Benson Hill in the 4th quarter valued at $174,000. Finally, Whetstone Capital Advisors LLC acquired a new stake in Benson Hill during the 3rd quarter worth $5,348,000. 13.45% of the stock is currently owned by hedge funds and other institutional investors.

About Benson Hill (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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