A statement released earlier today by Barclays Capital about Whole Foods Market Inc (NASDAQ:WFM) bumps the target price to $30.00
- Updated: September 23, 2016
Just yesterday Whole Foods Market Inc (NASDAQ:WFM) traded 0.28% higher at $28.52. Whole Foods Market Inc’s 50-day moving average is $29.91 and its 200-day moving average is $31.29. The last closing price is down -8.38% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 5,357,962 shares of WFM traded hands, down from an average trading volume of 5,864,770
Barclays Capital bumped up the target of Whole Foods Market Inc (NASDAQ:WFM) to $30.00 reporting a possible upside of 0.05%.
Recent Performance Chart
Whole Foods Market Inc has 52 week low of $27.67 and a 52 week high of $35.58 with a PE ratio of 20.33 and has a market capitalization of $0.
In addition to Barclays Capital reporting its stock price target, a total of 21 brokers have issued a research note on the company. The average stock price target is $30.19 with 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 20 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 3 brokers rating the stock a sell.
Brief Synopsis On Whole Foods Market Inc (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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