Whole Foods Market Rating Reiterated by Goldman Sachs (WFM)
Whole Foods Market (NYSE:WFM)‘s stock had its “neutral” rating reaffirmed by stock analysts at Goldman Sachs in a report issued on Monday, Stock Ratings News reports.
Shares of Whole Foods Market (NYSE:WFM) traded up 0.65% on Monday, hitting $54.53. The stock had a trading volume of 1,912,251 shares. Whole Foods Market has a one year low of $40.695 and a one year high of $65.59. The stock’s 50-day moving average is $54.10 and its 200-day moving average is $56.72. The company has a market cap of $20.293 billion and a P/E ratio of 36.86.
Several other analysts have also recently commented on the stock. Analysts at BB&T Corp. upgraded shares of Whole Foods Market from a “hold” rating to a “buy” rating in a research note to investors on Monday. They now have a $64.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Piper Jaffray upgraded shares of Whole Foods Market from a “neutral” rating to an “overweight” rating in a research note to investors on Monday, February 3rd. They now have a $61.00 price target on the stock, up previously from $60.00. Finally, analysts at Sterne Agee cut their price target on shares of Whole Foods Market to $61.00 in a research note to investors on Tuesday, January 28th. They now have a “buy” rating on the stock. Eight equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $68.05.
Whole Foods Market, Inc (NYSE:WFM) is a natural and organic foods supermarkets.
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