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Goldman Sachs announced United Natural Foods (NDAQ:UNFI), bumping up its stock price target to $41.00 today

United Natural Foods (NDAQ:UNFI) had its target price raised to $41.00 by Goldman Sachs in a report released 11/14/2017. The new target price indicates a possible upside of 0.02% based on the company's last closing price.

Previously on 10/17/2017, RBC Capital Markets reported on United Natural Foods (NDAQ:UNFI) lowered the target price from $36.00 to $34.00. At the time, this indicated a possible downside of -0.16%.

Yesterday United Natural Foods (NDAQ:UNFI) traded -0.48% lower at $40.18. The company’s 50-day moving average is $40.11 and its 200-day moving average is $38.74. The last closing price is up 1.51% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 551,204 shares of the stock were exchanged, down from an average trading volume of 839,795

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United Natural Foods (NDAQ:UNFI)

United Natural Foods has a 52 week low of $29.53 and a 52 week high of $49.74 with a P/E ratio of 15.36 The company’s market cap is currently $0.

In addition to Goldman Sachs reporting its target price, a total of 18 brokers have issued a report on the stock. The consensus target price is $37.06 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About United Natural Foods (NDAQ:UNFI)

United Natural Foods, Inc. is a distributor and retailer of natural, organic and specialty products. The Company's segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada. The Other segment includes a retail division, which engages in the sale of natural foods and related products to the general public through retail storefronts on the east coast of the United States; a manufacturing division, which engages in importing, roasting and packaging of nuts, seeds, dried fruit and snack items, and its branded product lines. Its operations consist of three operating divisions: Wholesale Division, Retail Division, and Manufacturing and Branded Products divisions. As of July 30, 2016, the Company had offered 100,000 natural, organic and specialty foods, and non-food products, consisting of national, regional and private-label brands.

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