SuperValu (SVU) Receives ‘Analyst’ Rating

SuperValu (SVU) has an average broker rating of 2.67, which is interpreted as a Hold, as rated by 6 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 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) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $10 and the lowest price target forecast is $5. The average forecast of all the analysts is $6.5 and the expected standard deviation is $2.


Also, Morgan Stanley maintains its rating on SuperValu (NYSE:SVU). The global brokerage major lowers the current price target from $5.5 per share to $5 per share. Analysts at the Morgan Stanley have a current rating of Equal-weight on the shares. The rating by the firm was issued on July 28, 2016.

SuperValu (NYSE:SVU): After opening at $4.64, the stock dipped to an intraday low of $4.61 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $4.73 and the buying power remained strong till the end. The stock closed at $4.66 for the day, a gain of 0.43% for the day session. The total traded volume was 2,495,220. The stocks close on the previous trading day was $4.64.

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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