Whole Foods Market Coverage Initiated at BMO Capital Markets (WFM)
Equities research analysts at BMO Capital Markets started coverage on shares of Whole Foods Market (NASDAQ:WFM) in a research note issued to investors on Wednesday, Analyst Ratings Network reports. The firm set an “outperform” rating on the stock.
A number of other analysts have also recently weighed in on WFM. Analysts at Jefferies Group initiated coverage on shares of Whole Foods Market in a research note to investors on Tuesday, October 8th. They set a “buy” rating and a $70.00 price target on the stock. Separately, analysts at SunTrust raised their price target on shares of Whole Foods Market from $65.00 to $70.00 in a research note to investors on Friday, October 4th. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Whole Foods Market in a research note to investors on Thursday, September 26th. They set a “buy” rating and a $70.00 price target on the stock. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Whole Foods Market currently has an average rating of “Hold” and a consensus price target of $72.90.
Shares of Whole Foods Market (NASDAQ:WFM) traded up 1.87% on Wednesday, hitting $62.658. The stock had a trading volume of 2,990,777 shares. Whole Foods Market has a 1-year low of $40.695 and a 1-year high of $62.00. The stock has a 50-day moving average of $57.27 and a 200-day moving average of $52.37. The company has a market cap of $23.341 billion and a price-to-earnings ratio of 42.42.
Whole Foods Market, Inc (NASDAQ:WFM) is a natural and organic foods supermarkets.
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