Sprouts Farmers Market with ticker code (SFM) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 39 and 20 calculating the average target price we see 28.13. Given that the stocks previous close was at 31.44 this now indicates there is a potential downside of -10.5%. The 50 day MA is 28.91 and the 200 day moving average is 25.92. The company has a market capitalisation of $3,729m. Visit the company website at: https://www.sprouts.com
The potential market cap would be $3,336m based on the market concensus.
Sprouts Farmers Market offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, including fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. As of January 2, 2022, it operated 374 stores in 23 states. Sprouts Farmers Market was founded in 2002 and is headquartered in Phoenix, Arizona.
