Whole Foods Market Receives New Coverage from Analysts at Raymond James (WFM)

Investment analysts at Raymond James began coverage on shares of Whole Foods Market (NASDAQ: WFM) in a note issued to investors on Wednesday. The firm set a “market perform” rating on the stock.

Shares of Whole Foods Market (NASDAQ: WFM) traded down 0.92% during mid-day trading on Wednesday, hitting $85.50. Whole Foods Market has a one year low of $80.81 and a one year high of $101.86. The stock’s 50-day moving average is currently $88.96. The company has a market cap of $15.846 billion and a P/E ratio of 32.55.

WFM has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald cut their price target on shares of Whole Foods Market from $106.00 to $104.00 in a research note to investors on Tuesday, February 19th. They now have a “market perform” rating on the stock. Separately, analysts at SunTrust cut their price target on shares of Whole Foods Market from $115.00 to $105.00 in a research note to investors on Friday, February 15th. Finally, analysts at SunTrust cut their price target on shares of Whole Foods Market from $115.00 to $105.00 in a research note to investors on Friday, February 15th.

Whole Foods Market, Inc. (NASDAQ: WFM) is a natural and organic foods supermarkets. As of September 25, 2011, Whole Foods Market operated 311 stores in the United States, Canada, and the United Kingdom.

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