Whole Foods Market Receives Average Recommendation of “Buy” from Brokerages (NASDAQ:WFM)
Shares of Whole Foods Market (NASDAQ:WFM) have earned an average rating of “Buy” from the eighteen ratings firms that are covering the stock, American Banking News reports. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $65.62.
A number of analysts have recently weighed in on WFM shares. Analysts at Oppenheimer initiated coverage on shares of Whole Foods Market in a research note on Friday. They set an “outperform” rating and a $63.00 price target on the stock. Separately, analysts at Prime Executions initiated coverage on shares of Whole Foods Market in a research note on Tuesday, February 11th. They set a “buy” rating on the stock. Finally, analysts at BB&T Corp. upgraded shares of Whole Foods Market to a “buy” rating in a research note on Monday, February 10th.
Whole Foods Market (NASDAQ:WFM) opened at 52.92 on Monday. Whole Foods Market has a 52 week low of $40.695 and a 52 week high of $65.59. The stock has a 50-day moving average of $53.00 and a 200-day moving average of $56.59. The company has a market cap of $19.681 billion and a P/E ratio of 35.17.
Whole Foods Market, Inc (NASDAQ:WFM) is a natural and organic foods supermarkets.
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