Whole Foods Market, Inc. (NASDAQ:WFM) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 26, 2016
Zacks Investment Research has upgraded Whole Foods Market, Inc. (NASDAQ:WFM) to Hold in a statement released on 9/26/2016.
On 9/23/2016, Barclays Capital released a statement about Whole Foods Market, Inc. (NASDAQ:WFM) upped the target price from $0.00 to $30.00 that suggested an upside of 0.05%.
Having a price of $28.52, Whole Foods Market, Inc. (NASDAQ:WFM) traded 0.46% higher on the day. With the last stock price down -8.33% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. WFM has recorded a 50-day average of $29.85 and a two hundred day average of $31.25. Trade Volume was down over the average, with 3,366,270 shares of WFM changing hands under the typical 5,809,690
Recent Performance Chart
Whole Foods Market, Inc. has price-earnings ratio of 20.32 with a one year low of $27.67 and a one year high of $35.58 and has a total market value of $0.
A total of 21 analysts have released a research note on WFM. 1 brokerage rating the stock a strong buy, 3 brokerages rating the stock a buy, 20 brokerages rating the stock a hold, one brokerage rating the company a underperform, and finally three brokerages rating the company a sell with a 12-month price target of $30.19.
General Company Details For Whole Foods Market, Inc. (NASDAQ:WFM)
Whole Foods Market, Inc. is engaged in operating natural and organic foods supermarkets. The Company's brands include Allegro Coffee, Whole Foods Market, Whole Paws and Engine 2 Plant-Strong. As of April 10, 2016, the Company operated 441 stores, which include 421 stores in 42 states in the United States and the District of Columbia, 11 stores in Canada, and 9 stores in the United Kingdom. The Company offers approximately 25,000 organic stock keeping units (SKUs) company-wide, covering all areas of its store, including produce, packaged goods, bulk, frozen, dairy, meat, bakery, prepared foods, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, pet foods, and household goods. The Company also has over 100 new and re-branded dietary supplements; pollinator-friendly almonds and almond butters; a collection of organic barbecue sauces; a collection of body care products for babies, and an expanded item assortment for the holiday season.
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