Ebro Foods (EBRPY) Gets a Buy Rating from Kepler Capital

In a report issued on April 12, Pablo de Renteria from Kepler Capital maintained a Buy rating on Ebro Foods (EBRPYResearch Report), with a price target of EUR19.30. The company’s shares closed last Friday at $21.22.

According to TipRanks.com, Renteria is ranked #7344 out of 7448 analysts.

Currently, the analyst consensus on Ebro Foods is a Moderate Buy with an average price target of $23.08.

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Ebro Foods’ market cap is currently $3.27B and has a P/E ratio of 17.20. The company has a Price to Book ratio of 6.42.

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Ebro Foods SA is a Spanish international food group operating in the pasta, rice, and sauces segments. The company is present in more than 25 countries in Europe, North America, Asia, and Africa, through its wide network of subsidiaries and brands. The core businesses are rice and pasta, offered in dry, fresh, precooked, and frozen varieties. Aside from pasta and rice, Ebro Food offers ready meals, fresh potato, sauces among others. The largest geographical segment for the rice division is in Europe, followed by North America, Asia, and Africa. Pasta, sauces, and other products, accounting for almost half of revenue, are mainly present in Europe and North America.