United Natural Foods (UNFI) : 1 brokerage houses believe that United Natural Foods (UNFI) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on United Natural Foods (UNFI). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 9 Wall Street Analysts endorse the stock as a Hold with a rating of 3.03.
United Natural Foods (UNFI) : The most positive equity analysts on United Natural Foods (UNFI) expects the shares to touch $49, whereas, the least positive believes that the stock will trade at $35 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $41.11 with an expected fluctuation of $4.37 from the mean.
Company shares have received an average consensus rating of Hold for the current week United Natural Foods (NASDAQ:UNFI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.22 and $48.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.43, notching a gain of 1.10% for the day. The total traded volume was 409,210 . The stock had closed at $48.89 on the previous day.
In a related news,The officer (CHRSO) of United Natural Foods Inc, Dziki Thomas A sold 19,195 shares at $53.94 on October 16, 2015. The Insider selling transaction had a total value worth of $1,035,378. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. It offers products, in six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division, which includes its natural, organic and specialty distribution business in the United States; UNFI Canada, which is its natural, organic and specialty business in Canada; Alberts Organics, Inc. and Select Nutrition; retail division, consisting of EOM, which operates its 12 natural products retail stores within the United States; manufacturing division, consisting of Woodstock Farms Manufacturing. In July 2014, the Company acquired all of stock of Tonys Fine Foods, making it a wholly-owned subsidiary of the Company.