Zacks Investment Research downgraded shares of BOB EVANS FARMS (BOBE) from NEUTRAL to UNDERPERFORM on November 02, 2012, with a target price of $36.30.
BOB EVANS FARMS, INC. is divided into two principal industry segments: the food products segment and the restaurant segment. The company owns and operates restaurants, including Bob Evans Restaurants, Owens Family Restaurants, Bob Evans "small-town" Restaurants and Cantina Del Rio Mexican restaurants. They also produce fresh and fully-cooked sausage products and fresh, deli-style salads which are distributed primarily to grocery stores in the Midwest, Southwest and Southeast.
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