Market Overview

M Partners Reiterates Hold, $48 PT on United Natural Foods Before FQ3 Results

Share:
Related UNFI
Here Are The 14 Stocks Morgan Stanley Wants You To Focus On During Q2 Earnings
United Natural Foods Surges After Q3 Beat And Raised Guidance

M Partners remains rated Hold on United Natural Foods (NASDAQ: UNFI) with a price target of $48 heading into the company's quarterly results on June 5.

M Partners comments, "We are maintaining our Hold recommendation and $48 twelve month price target. Our valuation basis remains at 11.5x forward EBITDA. Our view is that near term upside is limited due to the share price appreciation that occurred between December and May that saw the stock price double on its way up to our price target.

UNFI closed at $50.15 on Friday.

Latest Ratings for UNFI

DateFirmActionFromTo
Jun 2016Standpoint ResearchDowngradesBuyHold
Apr 2016BarclaysTerminatesUnderweight
Apr 2016Morgan StanleyDowngradesEqual-weightUnderweight

View More Analyst Ratings for UNFI
View the Latest Analyst Ratings

Posted-In: M PartnersAnalyst Color Price Target Reiteration Intraday Update Analyst Ratings

 

Related Articles (UNFI)

View Comments and Join the Discussion!