SuperValu (NYSE: SVU) has recently received a number of price target changes and ratings updates:

  • 9/12/2016 – SuperValu was given a new $5.00 price target on by analysts at Deutsche Bank AG. They now have a “hold” rating on the stock.
  • 9/9/2016 – SuperValu had its price target lowered by analysts at Telsey Advisory Group from $6.50 to $5.50. They now have a “market perform” rating on the stock.
  • 9/9/2016 – SuperValu had its price target lowered by analysts at Royal Bank Of Canada from $7.00 to $6.00. They now have a “sector perform” rating on the stock.
  • 9/9/2016 – SuperValu had its “sector perform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $6.00 price target on the stock, down previously from $7.00.
  • 9/6/2016 – SuperValu was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “SUPERVALU’s started the fiscal 2017 with a soft note de to declinig sales and downward pressure on its margins. The company continues to face competitive pressure from other traditional grocers. Also, headwinds like food cost deflation and pharmacy margin pressure are affecting the core business. Hence, the company’s decision to spin off its Save-A-Lot stores into a separate publicly traded company is a positive.”
  • 8/29/2016 – SuperValu was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “SUPERVALU’s first-quarter fiscal 2017 earnings of $0.19 per share missed the Zacks Consensus Estimate of $0.21 by 9.52%. However, earnings decreased 17.4% year over year from $0.23 owing to lower revenues. Sales declined 3.9% year over year due to negative same store sales across all divisions. We commend SUPERVALU’s efforts to cut costs by divesting underperforming assets andincrease operating efficiency. However, the company continues to face competitive pressure from other traditional grocers. Also, headwinds like food cost deflation and pharmacy margin pressure are affecting the core business. Hence, the company’s decision to spin off its Save-A-Lot stores into a separate publicly traded company is a positive.”
  • 8/23/2016 – SuperValu was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “SUPERVALU’s first-quarter fiscal 2017 earnings of $0.19 per share missed the Zacks Consensus Estimate of $0.21 by 9.52%. However, earnings decreased 17.4% year over year from $0.23 owing to lower revenues. Sales declined 3.9% year over year due to negative same store sales across all divisions. We commend SUPERVALU’s efforts to cut costs by divesting underperforming assets andincrease operating efficiency. However, the company continues to face competitive pressure from other traditional grocers. Also, headwinds like food cost deflation and pharmacy margin pressure are affecting the core business. Hence, the company’s decision to spin off its Save-A-Lot stores into a separate publicly traded company is a positive.”
  • 8/15/2016 – SuperValu had its price target raised by analysts at Telsey Advisory Group from $5.00 to $6.50. They now have a “market perform” rating on the stock.
  • 7/28/2016 – SuperValu had its price target lowered by analysts at Telsey Advisory Group from $6.00 to $5.00. They now have a “market perform” rating on the stock.
  • 7/28/2016 – SuperValu had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $7.00 price target on the stock.
  • 7/28/2016 – SuperValu was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “SUPERVALU’s first-quarter fiscal 2017 earnings of $0.19 per share missed the Zacks Consensus Estimate of $0.21 by 9.52%. However, earnings decreased 17.4% year over year from $0.23 owing to lower revenues. Sales declined 3.9% year over year due to negative same store sales across all divisions. We commend SUPERVALU’s efforts to cut costs by divesting underperforming assets andincrease operating efficiency. However, the company continues to face competitive pressure from other traditional grocers. Also, headwinds like food cost deflation and pharmacy margin pressure are affecting the core business. Hence, the company’s decision to spin off its Save-A-Lot stores into a separate publicly traded company is a positive.”
  • 7/28/2016 – SuperValu had its price target lowered by analysts at Morgan Stanley from $5.50 to $5.00. They now have an “equal weight” rating on the stock.
  • 7/26/2016 – SuperValu had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group Inc.. They now have a $5.00 price target on the stock.

SuperValu Inc. (NYSE:SVU) traded up 1.52% on Wednesday, hitting $4.67. The stock had a trading volume of 2,559,742 shares. The company has a market cap of $1.24 billion, a PE ratio of 7.84 and a beta of 1.93. The company has a 50-day moving average of $5.10 and a 200 day moving average of $5.09. SuperValu Inc. has a 12 month low of $3.94 and a 12 month high of $7.84.

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SuperValu (NYSE:SVU) last released its earnings results on Wednesday, July 27th. The company reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by $0.03. SuperValu had a negative return on equity of 43.67% and a net margin of 0.94%. The firm had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.30 billion. During the same period last year, the firm earned $0.23 EPS. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. On average, analysts predict that SuperValu Inc. will post $0.63 EPS for the current fiscal year.

SUPERVALU INC. is a wholesale distributor to independent retail customers across the United States. The Company operates through three segments: Wholesale, Save-A-Lot and Retail. The Wholesale segment spans approximately 40 states and serves as a primary grocery supplier to approximately 1,800 stores of independent retail customers, in addition to its own Retail stores, as well as serving as a secondary grocery supplier to approximately 230 stores of independent retail customers.

5 Day Chart for NYSE:SVU

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