United Natural Foods (NASDAQ:UNFI) Upgraded to Buy at BidaskClub
Several other analysts also recently weighed in on the stock. Buckingham Research reiterated a neutral rating and issued a $11.00 target price (down previously from $17.00) on shares of United Natural Foods in a report on Thursday, June 6th. They noted that the move was a valuation call. Pivotal Research reiterated a sell rating and issued a $6.00 target price (down previously from $8.00) on shares of United Natural Foods in a report on Thursday, June 6th. BMO Capital Markets downgraded shares of United Natural Foods from a market perform rating to an underperform rating and dropped their target price for the company from $10.00 to $5.00 in a report on Friday, August 2nd. Zacks Investment Research upgraded shares of United Natural Foods from a sell rating to a hold rating in a report on Tuesday, May 21st. Finally, Loop Capital dropped their target price on shares of United Natural Foods to $14.00 and set a buy rating for the company in a report on Wednesday, August 28th. Six research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of $18.05.
United Natural Foods stock traded up $0.12 during trading on Thursday, hitting $12.15. The company had a trading volume of 48,336 shares, compared to its average volume of 1,252,327. United Natural Foods has a 1-year low of $6.75 and a 1-year high of $34.49. The company has a current ratio of 1.59, a quick ratio of 0.74 and a debt-to-equity ratio of 1.77. The company’s 50 day simple moving average is $8.58 and its 200-day simple moving average is $10.97. The stock has a market cap of $490.67 million, a price-to-earnings ratio of 3.89, a price-to-earnings-growth ratio of 0.82 and a beta of 2.15.
United Natural Foods Company Profile
United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. The company operates through three divisions: Wholesale, Retail, and Manufacturing and Branded Products. The Wholesale division offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products.
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