In a report released yesterday, Karen Short from Barclays maintained a Sell rating on United Natural Foods (UNFI), with a price target of $6.00. The company’s shares closed last Monday at $6.75.
According to TipRanks.com, Short is a 5-star analyst with an average return of 6.6% and a 60.1% success rate. Short covers the Services sector, focusing on stocks such as Loblaw Companies, Kroger Company, and Best Buy Co.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for United Natural Foods with a $6.00 average price target, which is a -12.7% downside from current levels. In a report released yesterday, Wells Fargo also downgraded the stock to Sell.
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The company has a one-year high of $14.13 and a one-year low of $5.00. Currently, United Natural Foods has an average volume of 1.38M.
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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.
