Is Albertsons Companies, Inc. (ACI) The Best Beef Stock to Buy Now? [Yahoo! Finance]
Albertsons Companies, Inc. Class A (ACI)
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Source: Yahoo! Finance
Global Beef Market The beef industry encompasses various activities, including cattle farming, meat processing, distribution, and retail. The global beef market size was valued at $436.60 billion in 2023. It is projected to grow from $459.87 billion in 2024 to $656 billion by 2032, exhibiting a CAGR of 5.52%, according to Fortune Business Insights . The demand for protein, particularly sourced from animals, has consistently been high because of high global meat consumption. According to OECD-FAO Agricultural Outlook (2021-2030), the global consumption of meat proteins is projected to grow 14% by 2030. In recent years, the demand for branded products has increased significantly. With the increase in disposable income, the market has seen substantial growth in demand for premium, high-quality beef, labeled as Certified Angus Beef, USDA Choice, USDA Natural, and others. Consumers today are more health conscious, seeking nutritious, low-calorie foods which has significantly impacte
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ACI
News
- Albertsons Companies, Inc. Announces Changes to Board of DirectorsBusiness Wire
- Albertsons Companies, Inc. (NYSE: ACI) had its "buy" rating re-affirmed by analysts at Tigress Financial. They now have a $27.00 price target on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) was upgraded by analysts at Melius Research from a "hold" rating to a "buy" rating. They now have a $24.00 price target on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) was upgraded by analysts at Melius from a "hold" rating to a "buy" rating. They now have a $24.00 price target on the stock.MarketBeat
- Albertsons Companies, Inc. (NYSE: ACI) had its "market perform" rating re-affirmed by analysts at Wells Fargo & Company.MarketBeat
ACI
Earnings
- 10/15/24 - Beat
ACI
Sec Filings
- 11/5/24 - Form 4
- 11/1/24 - Form 3
- 10/28/24 - Form 8-K
- ACI's page on the SEC website