Credit Suisse Keeps a Hold Rating on Smart & Final


Credit Suisse analyst Judah Frommer maintained a Hold rating on Smart & Final (NYSE: SFS) today and set a price target of $6. The company’s shares opened today at $4.55, close to its 52-week low of $4.50.

According to TipRanks.com, Frommer is a 1-star analyst with an average return of -1.5% and a 42.9% success rate. Frommer covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Performance Food Group, and US Food Holdings Corp.

Currently, the analyst consensus on Smart & Final is Hold and the average price target is $7.25, representing a 59.3% upside.

In a report released yesterday, Oppenheimer also assigned a Hold rating to the stock.

See today’s analyst top recommended stocks >>

Based on Smart & Final’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.07 billion and GAAP net loss of $147 million. In comparison, last year the company earned revenue of $967 million and had a GAAP net loss of $4.59 million.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SFS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Smart & Final Stores, Inc. is a value-oriented food and everyday staples retailer that serves household and business customers. The company operates through following segments: Smart & Final and Cash & Carry. The Smart and Final segment focuses on both household and business customers.

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