Benson Hill, Inc. (NYSE:BHIL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Benson Hill, Inc. (NYSE:BHILGet Rating) have been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $6.83.

Several equities research analysts recently weighed in on BHIL shares. Lake Street Capital started coverage on Benson Hill in a research note on Tuesday, October 4th. They set a “buy” rating and a $7.00 target price for the company. UBS Group started coverage on Benson Hill in a research note on Friday, September 30th. They set a “buy” rating and a $5.00 target price for the company.

Insider Buying and Selling

In other news, CEO Matthew B. Crisp bought 20,342 shares of the stock in a transaction on Tuesday, November 15th. The shares were bought at an average price of $3.28 per share, with a total value of $66,721.76. Following the completion of the acquisition, the chief executive officer now owns 2,957,849 shares of the company’s stock, valued at $9,701,744.72. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Matthew B. Crisp bought 20,342 shares of the stock in a transaction on Tuesday, November 15th. The shares were bought at an average price of $3.28 per share, with a total value of $66,721.76. Following the completion of the acquisition, the chief executive officer now owns 2,957,849 shares of the company’s stock, valued at $9,701,744.72. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Dean P. Freeman bought 50,000 shares of the stock in a transaction on Tuesday, November 15th. The stock was purchased at an average cost of $3.37 per share, for a total transaction of $168,500.00. Following the acquisition, the chief financial officer now directly owns 50,000 shares of the company’s stock, valued at approximately $168,500. The disclosure for this purchase can be found here. 3.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Benson Hill

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of Benson Hill by 55.8% in the third quarter. BlackRock Inc. now owns 18,105,051 shares of the company’s stock worth $49,608,000 after acquiring an additional 6,485,440 shares during the last quarter. Alphabet Inc. acquired a new stake in shares of Benson Hill in the third quarter worth approximately $42,065,000. Vanguard Group Inc. boosted its position in shares of Benson Hill by 26.2% in the third quarter. Vanguard Group Inc. now owns 7,649,031 shares of the company’s stock worth $20,958,000 after acquiring an additional 1,588,096 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Benson Hill by 11.8% in the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 5,708,783 shares of the company’s stock worth $15,642,000 after acquiring an additional 604,804 shares during the last quarter. Finally, State Street Corp boosted its position in shares of Benson Hill by 9.9% in the third quarter. State Street Corp now owns 3,942,718 shares of the company’s stock worth $10,803,000 after acquiring an additional 355,833 shares during the last quarter. Institutional investors and hedge funds own 24.95% of the company’s stock.

Benson Hill Stock Down 4.1 %

Shares of BHIL opened at $3.06 on Wednesday. The firm has a market cap of $629.32 million, a P/E ratio of -4.19 and a beta of 1.56. Benson Hill has a 12-month low of $2.33 and a 12-month high of $7.95. The company’s 50-day moving average price is $2.86 and its 200 day moving average price is $3.10. The company has a current ratio of 4.54, a quick ratio of 3.86 and a debt-to-equity ratio of 0.44.

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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Analyst Recommendations for Benson Hill (NYSE:BHIL)

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