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Whole Foods Market Inc (NASDAQ:WFM) target price lowered to $28.00, reported today by Telsey Advisory Group

Yesterday Whole Foods Market Inc (NASDAQ:WFM) traded -0.03% lower at $29.30. The company’s 50-day moving average is $30.53 and its 200-day moving average is $30.09. The last stock close price is down 0.82% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 10,667,069 shares of the stock were exchanged, up from an average trading volume of 4,866,650

Whole Foods Market Inc (NASDAQ:WFM) had its target price lowered to $28.00 by Telsey Advisory Group in a report released 2/09/2017. The new target price indicates a possible downside of -0.04% based on the company's last stock close price.

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Whole Foods Market Inc (NASDAQ:WFM)

Whole Foods Market Inc has a 52 week low of $27.67 and a 52 week high of $35.58 with a P/E ratio of 21.91 The company’s market cap is currently $0.

In addition to Telsey Advisory Group reporting its target price, a total of 21 firms have reported on the stock. The consensus target price is $30.19 with 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 20 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 3 firms rating the stock a sell.

About Whole Foods Market Inc (NASDAQ:WFM)

Whole Foods Market, Inc. is engaged in the business of natural and organic foods supermarket. The Company operates approximately 456 stores in the United States, Canada and the United Kingdom. Its stores have an average size of approximately 39,000 square feet, and are supported by its distribution centers, bake house facilities, commissary kitchens, seafood-processing facilities, a produce procurement center, and a specialty coffee and tea procurement and roasting operation, among others. It offers over 30,000 organic stock keeping units (SKUs), covering various 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's brands include 365 Everyday Value, Allegro Coffee, Whole Foods Market, Whole Paws, and Engine 2 Plant-Strong. It also offers approximately 400 temporary exclusives.

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