Shares in US poultry group Sanderson Farms increased 6.7% yesterday (19 November) after the stock was upgraded to “neutral” from “underweight”, according to reports.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


JPMorgan analyst Ken Goldman told media the “risk/reward calculus appears to be more balanced”, as chicken prices drop and investors prop up the company’s shares.


The analyst said that “now seems like a good time to be putting money into the poultry processor”, and with chicken prices at their lowers possible point, it allows for a “path to recovery”.


Sanderson’s stock traded up US$1.58, to close at $25.13 in New York.


Goldman said that Sanderson does not appear to be in danger of breaching its debt covenants, unlike other chicken processors, such as Pilgrim’s Pride.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now