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Fairway Group Holdings Corp (NYSE:FWM)‘s stock had its “market perform” rating reiterated by equities researchers at BMO Capital Markets in a research report issued on Friday. They currently have a $7.50 price objective on the stock, down from their previous price objective of $8.00. BMO Capital Markets’ price target would indicate a potential upside of 12.95% from the company’s current price.

Fairway Group Holdings Corp (NYSE:FWM) traded down 7.23% during mid-day trading on Friday, hitting $6.16. The stock had a trading volume of 648,361 shares. Fairway Group Holdings Corp has a 1-year low of $5.55 and a 1-year high of $28.87. The stock has a 50-day moving average of $6.60 and a 200-day moving average of $11.23. The company’s market cap is $265.6 million.

Fairway Group Holdings Corp (NYSE:FWM) last announced its earnings results on Thursday, May 29th. The company reported ($0.21) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.09) by $0.12. The company had revenue of $200.30 million for the quarter, compared to the consensus estimate of $199.20 million. During the same quarter last year, the company posted ($1.17) earnings per share. Fairway Group Holdings Corp’s revenue was up 12.1% compared to the same quarter last year. On average, analysts predict that Fairway Group Holdings Corp will post $-0.34 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Oppenheimer cut their price target on shares of Fairway Group Holdings Corp from $8.00 to $7.00 in a research note on Friday. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Fairway Group Holdings Corp in a research note on Friday. They now have a $8.00 price target on the stock, down previously from $12.00. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. Fairway Group Holdings Corp presently has a consensus rating of “Hold” and a consensus price target of $9.92.

Fairway Group Holdings Corp. operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries.

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