Oppenheimer Keeps Their Hold Rating on Sprouts Farmers (SFM)


Oppenheimer analyst Rupesh Parikh maintained a Hold rating on Sprouts Farmers (SFM) today. The company’s shares closed last Monday at $23.98.

According to TipRanks.com, Parikh is a 5-star analyst with an average return of 14.6% and a 63.5% success rate. Parikh covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, The Estée Lauder Companies, and United Natural Foods.

Currently, the analyst consensus on Sprouts Farmers is a Hold with an average price target of $28.86.

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Sprouts Farmers’ market cap is currently $2.77B and has a P/E ratio of 12.80. The company has a Price to Book ratio of 14.62.

Based on the recent corporate insider activity of 26 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 SFM 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.

Sprouts Farmers Markets, Inc. engages in operating 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. The company was founded by Stan Boney and Shon Alexander Boney on July 11, 2002 and is headquartered in Phoenix, AZ.

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