Sprouts Farmers Markets Given Average Rating of “Hold” by Brokerages (NYSE:SFM)
Sprouts Farmers Markets (NYSE:SFM) has been given a consensus rating of “Hold” by the twelve ratings firms that are covering the company, StockRatingsNetwork.com reports. Ten equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $38.17.
A number of research firms have recently commented on SFM. Analysts at Oppenheimer initiated coverage on shares of Sprouts Farmers Markets in a research note on Thursday. They set a “market perform” rating and a $35.00 price target on the stock. Separately, analysts at SunTrust initiated coverage on shares of Sprouts Farmers Markets in a research note on Friday, December 20th. They set a “neutral” rating on the stock. Finally, analysts at Stephens initiated coverage on shares of Sprouts Farmers Markets in a research note on Wednesday, December 18th. They set an “equal weight” rating on the stock.
Sprouts Farmers Markets (NYSE:SFM) traded up 0.56% on Friday, hitting $36.18. The stock had a trading volume of 101,369 shares. Sprouts Farmers Markets has a 1-year low of $33.00 and a 1-year high of $49.45. The stock’s 50-day moving average is $36.49 and its 200-day moving average is $40.09. The company has a market cap of $5.335 billion and a P/E ratio of 120.74.
Sprouts Farmers Market, LLC is a United States-based company that owns and operates a network of food retail stores.
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