Sprouts Farmers (SFM) Gets a Buy Rating from Citigroup


In a report released today, Greg Badishkanian from Citigroup maintained a Buy rating on Sprouts Farmers (NASDAQ: SFM), with a price target of $29. The company’s shares closed yesterday at $23.46.

According to TipRanks.com, Badishkanian is a 4-star analyst with an average return of 13.2% and a 66.3% success rate. Badishkanian covers the Services sector, focusing on stocks such as Natural Grocers, Dollar General, and Kroger Company.

Sprouts Farmers has an analyst consensus of Moderate Buy, with a price target consensus of $25.80, which is a 10.0% upside from current levels. In a report issued on July 25, Oppenheimer also upgraded the stock to Buy with a $25 price target.

.

See today’s analyst top recommended stocks >>

Sprouts Farmers’ market cap is currently $2.99B and has a P/E ratio of 17.51. The company has a Price to Book ratio of 4.98.

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.

Sprouts Farmers Markets, Inc. engages in the provision of healthy grocery stores. It specializes in fresh, natural, and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care, and natural household items.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts