Barclays analyst Karen Short maintained a Hold rating on SpartanNash Co (SPTN) yesterday and set a price target of $20. The company’s shares closed yesterday at $19.34.
According to TipRanks.com, Short is a 4-star analyst with an average return of 6.2% and a 59.7% success rate. Short covers the Services sector, focusing on stocks such as The Chefs’ Warehouse, Vitamin Shoppe Inc, and Casey’s General.
The word on The Street in general, suggests a Hold analyst consensus rating for SpartanNash Co with a $20.33 average price target.
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SpartanNash Co’s market cap is currently $695M and has a P/E ratio of 8.64. The company has a Price to Book ratio of 0.94.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock.
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SpartanNash Co. engages in the distribution of grocery products to military commissaries in the U.S. It operates through the following segments: Military, Food Distribution, and Retail. The Military segment sells and distributes grocery products primarily to U.S. military commissaries and exchanges.
