SuperValu (SVU) : Analyst Rating Update

SuperValu (SVU) : 5 analysts are covering SuperValu (SVU) and their average rating on the stock is 2.6, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

SuperValu (SVU) : The most positive equity analysts on SuperValu (SVU) expects the shares to touch $10, whereas, the least positive believes that the stock will trade at $6 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $6.88 with an expected fluctuation of $2.1 from the mean.

SuperValu (NYSE:SVU): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.66 and $4.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.01, notching a gain of 8.91% for the day. The total traded volume was 4,632,137 . The stock had closed at $4.60 on the previous day.

The company shares have dropped -40.95% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $9.37 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $4.62 and the 200 Day Moving Average price is recorded at $5.10.

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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