Lamb Weston Holdings, Inc. is a mid-cap food company with a market cap of $8.3 billion, specializing in frozen potato products. LW stock has pulled back 28.1% from its 52-week high but rose 7.7% over the past three months, outpacing the Consumer Staples Select Sector SPDR Fund. Shares soared 4.3% after reporting strong Q1 results and solid full-year outlook.

Despite underperforming, analysts are moderately optimistic about Lamb Weston’s prospects with a consensus rating of “Moderate Buy.” The mean price target of $65.27 is an 8.6% premium to current levels. Rival Kellanova has outpaced LW stock, gaining 3.4% over the past 52 weeks and 3.1% on a YTD basis.

Read more at Yahoo Finance: Is LW Underperforming the Consumer Defensive Sector?