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Zacks Investment Research upgraded Whole Foods Market, Inc. (NASDAQ:WFM) to Hold in a report released today.

Yesterday Whole Foods Market, Inc. (NASDAQ:WFM) traded -0.49% lower at $28.06. The company’s 50-day moving average is $29.48 and its 200-day moving average is $31.01. The last closing price is down -9.02% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,278,657 shares of the stock traded hands, down from an average trading volume of 5,461,640

Zacks Investment Research has upgraded Whole Foods Market, Inc. (NASDAQ:WFM) to Hold in a report released on 10/3/2016.

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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 20.01 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 21 brokers have issued a research note on the company. The average stock price target is $30.19 with one equity analyst rating the company a strong buy, three equity analysts rating the company a buy, twenty equity analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly three analysts rating the company a sell.

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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