Sprouts Farmers Market (NASDAQ:SFM) target price raised to $24.00, reported today by Barclays Capital
- Updated: September 23, 2016
Sprouts Farmers Market (NASDAQ:SFM) had its target price raised to $24.00 by Barclays Capital in a report released Friday September 23, 2016. The new target price indicates a possible upside of 0.17% based on the company's last stock close price.
Previously on Monday September 19, 2016, Vetr Inc. reported about Sprouts Farmers Market (NASDAQ:SFM) raised the target price from $0.00 to $22.94. At the time, this indicated a possible upside of 0.12%.
Yesterday Sprouts Farmers Market (NASDAQ:SFM) traded 1.42% higher at $20.59. The company’s 50-day moving average is $21.77 and its 200-day moving average is $24.65. The last stock close price is down -15.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,061,396 shares of the stock were exchanged, down from an average trading volume of 2,863,060
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Sprouts Farmers Market has a 52 week low of $18.70 and a 52 week high of $30.00 with a P/E ratio of 22.11 Sprouts Farmers Market’s market capitalization is currently $0.
In addition to Barclays Capital reporting its stock price target, a total of 19 brokerages have issued a ratings update on the company. The average stock price target is $30.42 with 6 brokerages rating the stock a strong buy, 8 brokerages 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.
Brief Synopsis On Sprouts Farmers Market (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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