In a report released today, Jeremy Hamblin from Craig-Hallum maintained a Hold rating on Grocery Outlet Holding (GO – Research Report). The company’s shares closed yesterday at $25.43.
According to TipRanks, Hamblin is a 4-star analyst with an average return of 5.2% and a 51.17% success rate. Hamblin covers the Consumer Cyclical sector, focusing on stocks such as Carrols Restaurant Group, Potbelly, and Purple Innovation.
Grocery Outlet Holding has an analyst consensus of Hold, with a price target consensus of $31.38.
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GO market cap is currently $2.52B and has a P/E ratio of 31.54.
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Grocery Outlet Holding (GO) Company Description:
Grocery Outlet Holding Corp. engages in the operation of retail stores. It offers name-brand consumables and fresh products through a network of independently operated stores. The company was founded by Jim Read in 1946 and is headquartered in Emeryville, CA.
Read More on GO:
- Grocery Outlet Names Chikkala EVP and COO
- Grocery Outlet Names Ramesh Chikkala as New COO
- Grocery Outlet Appoints Ramesh Chikkala to Newly Created EVP, Chief Operations Officer Role
- TD Cowen retail/luxury analysts to hold an analyst/industry conference call
- Grocery Outlet just downgraded at Goldman Sachs, here’s why
