Brokerage Firm Rating on Whole Foods Market (WFM)

Whole Foods Market (WFM) has an average broker rating of 2.88, which is interpreted as a Hold, as rated by 17 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 12 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. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Whole Foods Market (WFM) : The most positive equity analysts on Whole Foods Market (WFM) expects the shares to touch $38, whereas, the least positive believes that the stock will trade at $23 in the short term. The company is covered by 16 Wall Street Brokerage Firms. The average price target for shares are $31.38 with an expected fluctuation of $4.91 from the mean.


Company shares have received an average consensus rating of Hold for the current week Whole Foods Market (NASDAQ:WFM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.49 and $30.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.42, notching a gain of 0.03% for the day. The total traded volume was 3,251,744 . The stock had closed at $30.41 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Regional President) of Whole Foods Market Inc, Gaye Omar had sold 400 shares worth of $12,068 in a transaction dated August 2, 2016. In this transaction, 400 shares were sold at $30.17 per share.

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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