Barclays disclosed SpartanNash (NASDAQ:SPTN), boosting its price target to $31.00 earlier today
- Updated: September 23, 2016
Reporting as potential upside of 0.06%, Barclays upped the price target of SpartanNash (NASDAQ:SPTN) to $31.00
Having a price of $29.37, SpartanNash (NASDAQ:SPTN) traded -1.16% lower on the day. With the last stock price down -1.79% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SPTN has recorded a 50-day average of $31.04 and a two hundred day average of $29.56. Trade Volume was down over the average, with 82,017 shares of SPTN changing hands under the typical 172,194
Recent Performance Chart
SpartanNash has PE ratio of 18.41 with a one year low of $17.66 and a one year high of $33.89 and has a market capitalization of $0.
A total of 3 brokerages have issued a ratings update on SpartanNash. One brokerage rating the company a strong buy, zero brokerages rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $27.67.
General Company Details For SpartanNash (NASDAQ:SPTN)
Spartannash Company, formerly Spartan Stores, Inc., is a multi-regional grocery distributor and grocery retailer, and a distributor of grocery products to military commissaries in the United States. The Company's core businesses include distributing food to military commissaries and exchanges, and independent and corporate-owned retail stores located in over 40 states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain, Egypt, Honduras, Afghanistan and Bosnia. It operates through three segments: Military, which sells and distributes grocery products to military commissaries and exchanges in the United States and overseas; Food Distribution, which uses a multi-platform sales approach to distribute groceries to independent retail locations and corporate-owned retail stores, and Retail, which operates retail supermarkets. The products it distributes are delivered to over 170 military commissaries and over 440 exchanges located in over 40 states across the United States.
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