United Natural Foods (UNFI) : The consensus on United Natural Foods (UNFI) based on 9 analyst recommendation on the company stock is 3.03, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on United Natural Foods (UNFI).
United Natural Foods (UNFI) : The highest short term price target forecast on United Natural Foods (UNFI) is $49 and the lowest target price is $34. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $41 with a standard deviation of $5.48.
Also, Equity analysts at the Brokerage firm Standpoint Research downgrades its rating on United Natural Foods (NASDAQ:UNFI). The rating major has initiated the coverage with hold rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on June 7, 2016.
United Natural Foods (NASDAQ:UNFI): After opening at $39.5, the stock dipped to an intraday low of $39.02 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $39.9 and the buying power remained strong till the end. The stock closed at $39.56 for the day, a gain of 0.30% for the day session. The total traded volume was 482,175. The stocks close on the previous trading day was $39.44.
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.