In a report released on December 28, Peter Saleh from BTIG maintained a Hold rating on United Natural Foods (UNFI – Research Report). The company’s shares closed last Friday at $16.23.
According to TipRanks, Saleh is a 5-star analyst with an average return of 10.7% and a 60.98% success rate. Saleh covers the Consumer Cyclical sector, focusing on stocks such as McDonald’s, Domino’s Pizza, and Chipotle.
United Natural Foods has an analyst consensus of Hold, with a price target consensus of $15.60.
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The company has a one-year high of $43.95 and a one-year low of $12.88. Currently, United Natural Foods has an average volume of 980.5K.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UNFI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
United Natural Foods (UNFI) Company Description:
United Natural Foods, Inc. engages in the distribution of natural, organic, and specialty foods and non-food products. It operates through the following segments: Wholesale and Other. The Wholesale segment distributes nutritional supplements, personal care items and organic products. The Others segment includes the sale other activities of the firm. It offers food and non food, frozen, perishables, bulk, body care products and supplements. The company was founded by Michael S. Funk in 1996 and is headquartered in Providence, RI.
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