Zacks Investment Research upgraded SUPERVALU INC. (NYSE:SVU) to Hold in a report released today.
- Updated: October 3, 2016
Yesterday SUPERVALU INC. (NYSE:SVU) traded 0.80% higher at $5.00. The company’s 50-day moving average is $5.08 and its 200-day moving average is $5.04. The last closing price is down -0.20% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,323,000 shares of the stock traded hands, down from an average trading volume of 3,796,120
Zacks Investment Research has upgraded SUPERVALU INC. (NYSE:SVU) to Hold in a report released on Monday October 03, 2016.
Previously on Friday September 09, 2016, RBC Capital Markets reported on SUPERVALU INC. (NYSE:SVU) reduced the target price from $7.00 to $6.00. At the time, this indicated a possible upside of 0.24%.
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SUPERVALU INC. has a 52 week low of $3.94 and a 52 week high of $7.84 with a P/E ratio of 8.44 The company’s market cap is currently $0.
General Information About SUPERVALU INC. (NYSE:SVU)
SUPERVALU INC. is a wholesale distributor to independent retail customers across the United States. The Company operates through three segments: Wholesale, Save-A-Lot and Retail. The Wholesale segment spans approximately 40 states and serves as a primary grocery supplier to approximately 1,800 stores of independent retail customers, in addition to its own Retail stores, as well as serving as a secondary grocery supplier to approximately 230 stores of independent retail customers. Save-A-Lot is a hard discount grocery retailer in the United States. The Company conducts its Save-A-Lot operations through approximately 1,360 stores under the Save-A-Lot banner, including over 900 licensed Save-A-Lot stores and approximately 460 Company-operated stores. It conducts Retail operations through over 200 stores organized under five regionally-based retail banners of Cub Foods, Shoppers Food & Pharmacy, Shop 'n Save, Farm Fresh and Hornbacher's, and Rainbow and County Market stores.
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