Sprouts Farmers Market – Consensus Indicates Potential -7.5% Downside

Broker Ratings
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Sprouts Farmers Market found using ticker (SFM) have now 16 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 37 and 19 calculating the average target price we see 26.25. Given that the stocks previous close was at 28.37 this would imply there is a potential downside of -7.5%. There is a 50 day moving average of 27.64 and the 200 day MA is 25.6. The market cap for the company is $3,207m. Find out more information at: https://www.sprouts.com

The potential market cap would be $2,968m based on the market concensus.

Sprouts Farmers Market offers fresh, natural, and organic food products in the United States. It operates through Healthy Grocery Stores segment. 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 July 04, 2021, it operated 363 stores in 23 states. Sprouts Farmers Market was founded in 2002 and is headquartered in Phoenix, Arizona.

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