A statement released earlier today by Barclays about United Natural Foods (NASDAQ:UNFI) raises the target price to $40.00
- Updated: September 23, 2016
Boasting a price of $39.68, United Natural Foods (NASDAQ:UNFI) traded 0.63% higher on the day. With the last stock price close down -5.51% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $45.21 and a 200-day moving average of $42.00. 606,857 shares of UNFI traded hands, down from an avg. volume of 650,289
In a statement issued on 9/23/2016 Barclays bumped up the target of United Natural Foods (NASDAQ:UNFI) to $40.00 indicating a possible upside of 0.01%.
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United Natural Foods has a 52 week low of $29.75 and a 52 week high of $55.69 with a P/E ratio of 15.87 United Natural Foods’s market capitalization is currently $0.
In addition to Barclays reporting its target price, a total of 18 firms have issued a report on the stock. The consensus target price is $37.06 with 0 firms rating the stock a strong buy, 0 brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For United Natural Foods (NASDAQ:UNFI)
United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. It offers products, in six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division, which includes its natural, organic and specialty distribution business in the United States; UNFI Canada, which is its natural, organic and specialty business in Canada; Albert's Organics, Inc. and Select Nutrition; retail division, consisting of EOM, which operates its 12 natural products retail stores within the United States; manufacturing division, consisting of Woodstock Farms Manufacturing. In July 2014, the Company acquired all of stock of Tony's Fine Foods, making it a wholly-owned subsidiary of the Company.
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