In a report released today, Rupesh Parikh from Oppenheimer maintained a Hold rating on United Natural Foods (UNFI). The company’s shares closed last Wednesday at $28.40, close to its 52-week high of $32.18.
According to TipRanks.com, Parikh is a 5-star analyst with an average return of 14.0% and a 63.2% success rate. Parikh covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, The Estée Lauder Companies, and Albertsons Companies.
Currently, the analyst consensus on United Natural Foods is a Hold with an average price target of $21.00, implying a -25.7% downside from current levels. In a report issued on February 19, Seaport Global also initiated coverage with a Hold rating on the stock.
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United Natural Foods’ market cap is currently $1.59B and has a P/E ratio of 14.20. The company has a Price to Book ratio of 8.69.
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United Natural Foods, Inc. engages in the distribution of natural, organic, and specialty foods and non-food products. It operates through the following segments: Wholesale and Other. The Wholesale segment distributes nutritional supplements, personal care items and organic products. The Others segment includes the sale other activities of the firm. It offers food and non food, frozen, perishables, bulk, body care products and supplements. The company was founded by Michael S. Funk in 1996 and is headquartered in Providence, RI.
