A statement released earlier today by Barclays about Whole Foods (NASDAQ:WFM) bumps the target price to $30.00
- Updated: September 23, 2016
Boasting a price of $28.67, Whole Foods (NASDAQ:WFM) traded 0.28% higher on the day. With the last close down -8.38% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Whole Foods has recorded a 50-day average of $29.91 and a two hundred day average of $31.29. Volume of trade was down over the average, with 5,357,962 shares of WFM changing hands under the typical 5,864,770
Barclays raised the target price of Whole Foods (NASDAQ:WFM) to $30.00 reporting a possible upside of 0.05%.
With a total market value of $0, Whole Foods has price-earnings ratio of 20.33 with a one year low of $27.67 and a one year high of $35.58 .
A total of 21 analysts have released a research note on Whole Foods. One analyst rating the company a strong buy, three analysts rating the company a buy, twenty equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally three equity analysts rating the company a sell with a one year target of $30.19.
Brief Synopsis About Whole Foods (NASDAQ:WFM)
Whole Foods Market, Inc. is engaged in operating natural and organic foods supermarkets. The Company's brands include Allegro Coffee, Whole Foods Market, Whole Paws and Engine 2 Plant-Strong. As of April 10, 2016, the Company operated 441 stores, which include 421 stores in 42 states in the United States and the District of Columbia, 11 stores in Canada, and 9 stores in the United Kingdom. The Company offers approximately 25,000 organic stock keeping units (SKUs) company-wide, covering all areas of its store, including produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. The Company also has over 100 new and re-branded dietary supplements; pollinator-friendly almonds and almond butters; a collection of organic barbecue sauces; a collection of body care products for babies, and an expanded item assortment for the holiday season.
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