Breaking Finance News

A statement released earlier today by BMO Capital Markets about Whole Foods Market, Inc. (NASDAQ:WFM) bumps the target price to $42.00

Yesterday Whole Foods Market, Inc. (NASDAQ:WFM) traded 0.00% even at $42.68. The company’s 50-day moving average is $41.82 and its 200-day moving average is $36.34. The last closing price is up 15.56% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 760,065 shares of the stock were exchanged, down from an average trading volume of 8,206,620

BMO Capital Markets bumped up the target of Whole Foods Market, Inc. (NASDAQ:WFM) to $42.00 indicating a possible downside of -0.02%.

See Chart Below

Whole Foods Market, Inc. (NASDAQ:WFM)

Whole Foods Market, Inc. has a 52 week low of $27.67 and a 52 week high of $43.84 The company’s market cap is currently $0.

In addition to BMO Capital Markets reporting its target price, a total of 21 firms have issued a report on the stock. The consensus target price is $30.19 with one brokerage rating the company a strong buy, three brokerages rating the company a buy, twenty brokerages rating the company a hold, one brokerage rating the company a underperform, and lastly three brokerages rating the company a sell.

General Company Details For Whole Foods Market, Inc. (NASDAQ:WFM)

Whole Foods Market, Inc. is engaged in the business of natural and organic foods supermarket. The Company operates approximately 456 stores in the United States, Canada and the United Kingdom. Its stores have an average size of approximately 39,000 square feet, and are supported by its distribution centers, bake house facilities, commissary kitchens, seafood-processing facilities, a produce procurement center, and a specialty coffee and tea procurement and roasting operation, among others. It offers over 30,000 organic stock keeping units (SKUs), covering various 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's brands include 365 Everyday Value, Allegro Coffee, Whole Foods Market, Whole Paws, and Engine 2 Plant-Strong. It also offers approximately 400 temporary exclusives.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.