The Fresh Market Given Consensus Recommendation of “Buy” by Brokerages (NASDAQ:TFM)
The Fresh Market (NASDAQ:TFM) has earned a consensus rating of “Buy” from the eleven brokerages that are currently covering the stock, Stock Ratings Network.com reports. Six equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $49.86.
Shares of The Fresh Market (NASDAQ:TFM) opened at 32.36 on Monday. The Fresh Market has a one year low of $31.35 and a one year high of $57.16. The stock’s 50-day moving average is $35.99 and its 200-day moving average is $45.27. The company has a market cap of $1.566 billion and a price-to-earnings ratio of 22.44.
A number of analysts have recently weighed in on TFM shares. Analysts at Oppenheimer initiated coverage on shares of The Fresh Market in a research note on Friday. They set a “market perform” rating and a $34.00 price target on the stock. Separately, analysts at Deutsche Bank downgraded shares of The Fresh Market from a “buy” rating to a “hold” rating in a research note on Thursday. They now have a $34.00 price target on the stock, down previously from $48.00. Finally, analysts at Stephens initiated coverage on shares of The Fresh Market in a research note on Wednesday, December 18th. They set an “overweight” rating on the stock.
The Fresh Market, Inc, (NASDAQ:TFM) is a specialty retailer.
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