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Goldman Sachs recorded Sprouts Farmers Market (NDAQ:SFM), raising its target price to $18.00 today

Boasting a price of $20.52, Sprouts Farmers Market (NDAQ:SFM) traded 0.42% higher on the day. With the last close down -18.38% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. SFM has recorded a 50-day moving average of $18.85 and a 200-day moving average of $22.06. 1,498,092 shares of SFM traded, down from an avg. volume of 2,895,860

Goldman Sachs increased the stock price target of Sprouts Farmers Market (NDAQ:SFM) to $18.00 reporting a potential downside of -0.12%.

Performance Chart

Sprouts Farmers Market (NDAQ:SFM)

Sprouts Farmers Market has a price-earnings ratio of 20.30 with a 52 week low of $17.38 and a 52 week high of $25.98 The company’s market cap is currently $0.

A total of 19 equity analysts have released a ratings update on SFM. 6 brokers rating the stock a strong buy, 8 firms rating the stock a buy, 10 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $30.42.

General Information About Sprouts Farmers Market (NDAQ:SFM)

Sprouts Farmers Market, Inc. is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers' interest in health and wellness. As of February 23, 2017, the Company operated 256 stores in 14 states. The Company categorizes the varieties of products it sells as perishable and non-perishable. The perishable product categories include produce, meat, seafood, deli and bakery. Its non-perishable product categories include grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and natural health and body care.

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