Sprouts Farmers (SFM) Gets a Hold Rating from Credit Suisse


Credit Suisse analyst Judah Frommer maintained a Hold rating on Sprouts Farmers (SFM) yesterday and set a price target of $26. The company’s shares closed on Tuesday at $24.15.

According to TipRanks.com, Frommer is a 3-star analyst with an average return of 2.2% and a 68.2% success rate. Frommer covers the Services sector, focusing on stocks such as Dollar General, Kroger Company, and Five Below Inc.

Currently, the analyst consensus on Sprouts Farmers is a Hold with an average price target of $27.70, which is a 14.7% upside from current levels. In a report issued on November 30, Loop Capital Markets also maintained a Hold rating on the stock with a $29 price target.

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The company has a one-year high of $29.67 and a one-year low of $20.63. Currently, Sprouts Farmers has an average volume of 2.29M.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is neutral on the stock.

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.

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