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Analysts at Prime Executions began coverage on shares of Whole Foods Market (NYSE:WFM) in a research report issued to clients and investors on Tuesday, Stock Ratings Network.com reports. The firm set a “buy” rating and a $62.00 price target on the stock. Prime Executions’ target price would suggest a potential upside of 12.81% from the stock’s previous close.

Whole Foods Market (NYSE:WFM) opened at 54.96 on Tuesday. Whole Foods Market has a one year low of $40.695 and a one year high of $65.59. The stock has a 50-day moving average of $53.96 and a 200-day moving average of $56.75. The company has a market cap of $20.453 billion and a price-to-earnings ratio of 37.39. Whole Foods Market also was the recipient of unusually large options trading on Monday. Traders acquired 6,312 put options on the company. This is an increase of approximately 149% compared to the average daily volume of 2,537 put options.

Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Whole Foods Market in a research note on Monday. Separately, analysts at BB&T Corp. upgraded shares of Whole Foods Market from a “hold” rating to a “buy” rating in a research note on Monday. They now have a $64.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Piper Jaffray upgraded shares of Whole Foods Market from a “neutral” rating to an “overweight” rating in a research note on Monday, February 3rd. They now have a $61.00 price target on the stock, up previously from $60.00. Eight analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Whole Foods Market has an average rating of “Buy” and an average price target of $67.75.

Whole Foods Market, Inc (NYSE:WFM) is a natural and organic foods supermarkets.

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