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 consensus price target for United Natural Foods (UNFI) is $41.67 for the short term with a standard deviation of $4.53. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $49, however, the pessimist price target for the company is $35.
Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Standpoint Research downgrades its rating on United Natural Foods (NASDAQ:UNFI). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 7, 2016.
United Natural Foods (NASDAQ:UNFI): stock was range-bound between the intraday low of $42.55 and the intraday high of $45.55 after having opened at $45.42 on Wednesdays session. The stock finally closed in the red at $45.42, a loss of -4.26%. The stock remained in the red for the whole trading day. The total traded volume was 1,780,651 shares. The stock failed to cross $45.55 in Wednesdays trading. The stocks closing price on Thursday was $45.8.
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.