Sprouts Farmers Market with ticker code (SFM) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 37 and 20 with the average target price sitting at 29. Now with the previous closing price of 27.09 this now indicates there is a potential upside of 7.1%. There is a 50 day moving average of 26.03 and the 200 day MA is 27.35. The market capitalisation for the company is $2,952m. Company Website: https://www.sprouts.com
The potential market cap would be $3,160m 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.
