Sprouts Farmers Market with ticker code (SFM) have now 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 35.39 and 20.08 with the average target price sitting at 27.46. Given that the stocks previous close was at 26.45 this now indicates there is a potential upside of 3.8%. The 50 day moving average now sits at 27.74 and the 200 day MA is 27.18. The company has a market capitalisation of $2,734m. Company Website: https://www.sprouts.com
The potential market cap would be $2,838m 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.