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Fairway Group Holdings Corp (NYSE:FWM) was downgraded by William Blair from an “outperform” rating to a “market perform” rating in a research note issued on Monday, TheFlyOnTheWall.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group cut their price target on shares of Fairway Group Holdings Corp from $8.00 to $6.50 in a research note on Friday. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of Fairway Group Holdings Corp in a research note on Friday. They now have a $4.00 price target on the stock, down previously from $5.50. Finally, analysts at Oppenheimer cut their price target on shares of Fairway Group Holdings Corp from $7.00 to $6.00 in a research note on Friday. They now have a “market perform” rating on the stock. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Fairway Group Holdings Corp presently has a consensus rating of “Hold” and an average price target of $7.17.

Fairway Group Holdings Corp (NYSE:FWM) opened at 5.48 on Monday. Fairway Group Holdings Corp has a 1-year low of $5.45 and a 1-year high of $26.09. The stock’s 50-day moving average is $6. and its 200-day moving average is $7.38. The company’s market cap is $238.1 million.

Fairway Group Holdings Corp (NYSE:FWM) last released its earnings data on Thursday, August 7th. The company reported ($0.22) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.11) by $0.11. The company had revenue of $198.27 million for the quarter, compared to the consensus estimate of $196.91 million. During the same quarter in the prior year, the company posted ($2.11) earnings per share. The company’s quarterly revenue was up 6.2% on a year-over-year basis. Analysts expect that Fairway Group Holdings Corp will post $-0.52 EPS for the current fiscal year.

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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