Fresh Del Monte Produce traded at $32.49 this Friday May 15th, decreasing $2.73 or 7.75 percent since the previous trading session. Looking back, over the last four weeks, Fresh Del Monte Produce lost 21.48 percent. Over the last 12 months, its price fell by 2.81 percent. Looking ahead, we forecast Fresh Del Monte Produce to be priced at 36.05 by the end of this quarter and at 33.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fresh Del Monte Produce Inc. is a holding company. The Company, through its subsidiaries, is a vertically integrated producers, marketers and distributors of fresh and fresh-cut fruit and vegetables together with prepared fruit and vegetables, juices, beverages and snacks in Europe, Africa and the Middle East. It operates through three segments: fresh and value-added products, banana, and other products and services. Its fresh and value-added products include pineapples, fresh-cut fruit, fresh-cut vegetables, melons, non-tropical fruit, including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis, other fruit and vegetables, avocados, and prepared foods and bananas. Its other products and services include its ancillary businesses consisting of sales of poultry and meat products, a plastic product business, and third-party freight services. It markets its products under UTC, Rosy, Del Monte, Fruit Express, Fruitini brands and others.