The price of THS is predicted to go up -4.34%, based on the high correlation periods with ERJ. The similarity of these two price pattern on the periods is 90.67%.
THS
ERJ
The continued store expansion of grocers with high private-brand penetration like Trader Joe's, Costco, and Aldi should provide a tailwind for industry growth.
The industry should continue to gain popularity from secular trends, such as the rise of premium private label and some retailer brands building an intangible asset.
Following significant divestments, TreeHouse's narrowed portfolio is overexposed to categories ripe for private-label penetration and outsize growth.
Stifel
2025-01-24
Price Target
$32 → $35
Upside
+0.52%
Barclays
2025-01-17
Price Target
$32 → $35
Downside
-0.06%
Barclays
2024-11-13
Price Target
$39 → $32
Upside
+1.3%