Brokerage Firm Rating Update on Whole Foods Market (WFM)

Whole Foods Market (WFM) : Zacks Investment Research ranks Whole Foods Market (WFM) as 4, which is a Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.87, which indicates as a Hold.

Whole Foods Market (WFM) : Average target price received by Whole Foods Market (WFM) is $31.79 with an expected standard deviation of $5.01. The most aggressive target on the stock is $38, whereas the most downbeat target is $23. 14 financial analysts are currently covering the stock.


Company shares have received an average consensus rating of Hold for the current week Also, Deutsche Bank maintains its view on Whole Foods Market (NASDAQ:WFM) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Deutsche Bank raises the price target from $28 per share to $32 per share on Whole Foods Market . The rating by the firm was issued on July 28, 2016.

Whole Foods Market (NASDAQ:WFM): stock was range-bound between the intraday low of $28.49 and the intraday high of $29.47 after having opened at $29.41 on Wednesdays session. The stock finally closed in the red at $29.41, a loss of -5.28%. The stock remained in the red for the whole trading day. The total traded volume was 16,822,089 shares. The stock failed to cross $29.47 in Wednesdays trading. The stocks closing price on Thursday was $30.7.

Whole Foods Market, Inc. (Whole Foods Market) is a retailer of natural and organic foods and grocer. The Company has one operating segment, natural and organic foods supermarkets. As of September 29, 2013, Whole Foods Market operated 362 stores in the United States, Canada, and the United Kingdom. The Companys offices are supported by its headquarters, regional offices, distribution centers, bakehouse facilities, commissary kitchens, seafood-processing facilities, meat and produce procurement centers, and a specialty coffee and tea procurement and roasting operation. The Companys product selection includes grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, and lifestyle products including books, pet products, and household products. The Companys 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.

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