Sprouts Farmers Market Inc (NASDAQ:SFM) has been upgraded to Buy in a report by Jefferies Group today.
- Updated: September 30, 2016
Jefferies Group has upgraded Sprouts Farmers Market Inc (NASDAQ:SFM) to Buy in a report released on 9/30/2016.
Previously on Friday September 23, 2016, Barclays Capital released a statement for Sprouts Farmers Market Inc (NASDAQ:SFM) upped the target price from $0.00 to $24.00. At the time, this indicated a possible upside of 0.17%.
Yesterday Sprouts Farmers Market Inc (NASDAQ:SFM) traded 3.80% higher at $19.99. The company’s 50-day moving average is $21.42 and its 200-day moving average is $24.38. The last stock close price is down -14.88% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 468,270 shares of SFM changing hands under the typical 2,793,950
With a total market value of $0, Sprouts Farmers Market Inc has PE ratio of 22.12 with a one year low of $18.70 and a one year high of $30.00 .
A total of 19 brokers have issued a report on the company. 6 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 10 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $30.42.
Brief Synopsis On Sprouts Farmers Market Inc (NASDAQ:SFM)
Sprouts Farmers Market, Inc. is a food retailer that offers natural and organic food, including produce, bulk foods, meat and seafood, bakery, dairy, frozen foods, body care and natural household items. The Company categorizes its products as perishable and non-perishable. Its perishable product category includes produce, meat, seafood, deli and bakery. Its non-perishable product category includes grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and body care and natural household items. Its bakery offering includes sandwich breads, rolls, tortillas, pitas, muffins, cookies and pies. It offers facial care products and make up, skin, hair, dental, baby care and grooming products. It offers a selection of craft beers, microbrews and beers, as well as a range of domestic and international wines. It also carries various sausages made in-store, as well as a selection of entrees, including gourmet burgers, pork chops and roasts.
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