The Simply Good Foods Company – Consensus Indicates Potential 5.0% Upside

Broker Ratings
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The Simply Good Foods Company with ticker code (SMPL) now have 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 30 and 25 with the average target price sitting at 27.09. Given that the stocks previous close was at 25.81 this would indicate that there is a potential upside of 5.0%. The 50 day MA is 23.5 and the 200 moving average now moves to 22.32. The market capitalisation for the company is $2,740m. Company Website: http://www.thesimplygoodfoodscompany.com

The potential market cap would be $2,875m based on the market concensus.

The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers primarily nutrition bars, ready-to-drink (RTD) shakes, sweet and salty snacks, protein bars, cookies, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes its products to various retail channels, such as mass merchandise, grocery and drug channels, club stores, convenience stores, gas stations, and other channels. It also sells its products through e-commerce channels, including atkins.com, questnutrition.com, and amazon.com. The Simply Good Foods Company is headquartered in Denver, Colorado.

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