A statement released earlier today by Morgan Stanley about Smart & Final Stores (NYSE:SFS) bumps down the target price to $13.00
- Updated: September 17, 2016
In an issued report on 8/16/2016 Morgan Stanley fell the target price of Smart & Final Stores (NYSE:SFS) from $17 to $13 reporting a possible downside of -0.04%.
On Wednesday March 16 2016, RBC Capital Markets reported on Smart & Final Stores(NYSE:SFS) lowered the target price from $23.00 to $21.00. At the time, this indicated a possible upside of 0.33%.
Displaying a price of $13.58, Smart & Final Stores (NYSE:SFS) traded 1.89% lower on the day. The last stock price is down 17.82% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. SFS has logged a 50-day moving average of $13.62 and two hundred day moving average of $15.15. Trade volume was was up over the average, with 419,912 shares of SFS changing hands over the typical 351,081 shares.
Recent Performance Chart:
Smart & Final Stores has a 52 week low of $12.16 and a one-year high of $18.67 with a price-earnings ratio of 34. Smart & Final Stores’s market capitalization is presently $0.0.
In addition to Morgan Stanley reporting it’s stock price target, a total of 11 firms have issued a ratings update on the company. The one year target is $19.64 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 brokeragesrating the company as sell.
Brief Synopsis About Smart & Final Stores (NYSE:SFS)
Smart & Final Stores, Inc. is a food retailer. The Company serves household and business customers through approximately two store banners, including Smart & Final and Cash & Carry. The Company operates through two business segments: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce, California and includes over 90 legacy Smart & Final stores and approximately 130 Extra! format stores, which focus on household and business customers and are located in California, Arizona and Nevada. The Cash & Carry segment is based in Portland, Oregon and includes over 50 Cash & Carry stores, which focus primarily on business customers and are located in Washington, Oregon, Northern California, Idaho and Nevada. Its Smart & Final stores offer various departments, such as produce, paper and packaging, and restaurant equipment and janitorial supplies. Its Cash & Carry stores offer various departments, such as meat and deli, dairy and cheese, and grocery and beverage.
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