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Sprouts Farmers Market (NYSE:SFM) was upgraded by Credit Suisse from a “neutral” rating to an “outperform” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports.

SFM has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets cut their price target on shares of Sprouts Farmers Market from $40.00 to $30.00 in a research note on Friday, May 9th. Separately, analysts at SunTrust cut their price target on shares of Sprouts Farmers Market from $38.00 to $36.00 in a research note on Friday, May 9th. Finally, analysts at Oppenheimer cut their price target on shares of Sprouts Farmers Market from $35.00 to $32.00 in a research note on Thursday, May 8th. They now have a “market perform” rating on the stock. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $34.43.

Sprouts Farmers Market (NYSE:SFM) traded up 3.57% during mid-day trading on Thursday, hitting $30.16. 414,176 shares of the company’s stock traded hands. Sprouts Farmers Market has a one year low of $25.73 and a one year high of $49.45. The stock has a 50-day moving average of $29.06 and a 200-day moving average of $34.83. The company has a market cap of $4.515 billion and a P/E ratio of 63.03.

Sprouts Farmers Market (NYSE:SFM) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $722.60 million for the quarter, compared to the consensus estimate of $706.73 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. Analysts expect that Sprouts Farmers Market will post $0.66 EPS for the current fiscal year.

Sprouts Farmers Market, Inc (NYSE:SFM) is a specialty retailer of natural and organic food focusing on health and wellness.

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