Brokerage Firm Rating Update on SuperValu (SVU)

SuperValu (SVU) has an average broker rating of 2.6, which is interpreted as a Hold, as rated by 5 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

SuperValu (SVU) stock is expected to deviate a maximum of $2.17 from the average target price of $6.88 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $10 and the most muted being $5.


Company shares have received an average consensus rating of Hold for the current week Also, Morgan Stanley maintains their rating on the shares of SuperValu (NYSE:SVU). The current rating of the shares is Equal-weight. Equity Analysts at the Firm lowers the price target to $5 per share from $5.5 per share. The rating by the firm was issued on July 28, 2016.

SuperValu (NYSE:SVU): stock was range-bound between the intraday low of $5.41 and the intraday high of $5.69 after having opened at $5.64 on Wednesdays session. The stock finally closed in the red at $5.64, a loss of -3.87%. The stock remained in the red for the whole trading day. The total traded volume was 4,233,371 shares. The stock failed to cross $5.69 in Wednesdays trading. The stocks closing price on Thursday was $5.69.

SUPERVALU INC. (SUPERVALU) is a wholesale distributor to independent retail customers across the United States. The Company leverages its distribution operations by providing wholesale distribution and logistics service solutions to independent retail customers and Save-A-Lot licensees, as well as wholesale distribution to its Retail Food and Save-A-Lot stores. It operates in three segments: Independent Business, which is engaged in wholesale distribution and logistics service solutions to independently owned retail stores and other customers (collectively referred to as independent retail customers); Save-A-Lot, which is engaged in the sale of groceries at retail locations operated by the Company and from stores licensed by the Company, to which it provides wholesale distribution, and Retail Food, which is engaged in the sale of groceries and other products at retail locations operated by the Company.

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