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Equities research analysts at Wedbush assumed coverage on shares of Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $19.00 price target on the stock. Wedbush’s price target suggests a potential upside of 1.66% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Stephens downgraded shares of Natural Grocers by Vitamin Cottage from an “overweight” rating to an “equal weight” rating in a research note on Monday, August 4th. They now have a $23.00 price target on the stock, down previously from $42.00. Separately, analysts at Piper Jaffray cut their price target on shares of Natural Grocers by Vitamin Cottage to $21.00 in a research note on Friday, August 1st. They now have a “neutral” rating on the stock. Finally, analysts at SunTrust cut their price target on shares of Natural Grocers by Vitamin Cottage from $35.00 to $32.00 in a research note on Friday, August 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $26.71.

Shares of Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) opened at 18.69 on Thursday. Natural Grocers by Vitamin Cottage has a 52-week low of $18.05 and a 52-week high of $44.60. The stock has a 50-day moving average of $21.14 and a 200-day moving average of $29.15. The company has a market cap of $420.1 million and a price-to-earnings ratio of 33.91.

Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.15 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.15. The company had revenue of $134.00 million for the quarter, compared to the consensus estimate of $134.96 million. During the same quarter last year, the company posted $0.13 earnings per share. Natural Grocers by Vitamin Cottage’s revenue was up 18.4% compared to the same quarter last year. Analysts expect that Natural Grocers by Vitamin Cottage will post $0.60 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage, Inc is a specialty retailer of natural and organic groceries and dietary supplements.

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