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United Natural Foods (NDAQ:UNFI) stock price target reduced to $34.00, issued a research note today by RBC Capital Markets

Just yesterday United Natural Foods (NDAQ:UNFI) traded 0.22% higher at $40.50. United Natural Foods’s 50-day moving average is $39.09 and its 200-day moving average is $38.88. The last stock price is up 4.35% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 720,046 shares of UNFI traded, down from an average trading volume of 830,914

In a report issued 10/17/2017 RBC Capital Markets bumped down the target of United Natural Foods (NDAQ:UNFI) from $36.00 to $34.00 reporting a possible downside of -0.16%.

Previously on 09/14/2017, Loop Capital released a statement about United Natural Foods (NDAQ:UNFI) increased the target price from $44.00 to $50.00. At the time, this indicated a possible upside of 0.23%.

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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 PE ratio of 15.85 United Natural Foods’s market capitalization is currently $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 18 brokers have issued a research note on the company. The average stock price target 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.

Brief Synopsis On 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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