Time to Load Up on Shares of Whole Foods (WFM) & The Fresh Market (TFM)

March 19, 2013 11:50 AM EDT
Get Alerts WFM Hot Sheet
Price: $30.98 +0.98%

Rating Summary:
    8 Buy, 21 Hold, 10 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 35 | Down: 31 | New: 11
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Food inflation and supermarket industry growth will likely remain subdued, say analysts at Goldman Sachs. In this environment, growth stocks could come back into favor. Related names include Whole Foods (Nasdaq: WFM) & The Fresh Market (Nasdaq: TFM).

"While these high growth stocks have underperformed more recently as their comp growth has not been immune to broader consumer uncertainty and as investors have rotated into yield plays, the superior unit growth and returns appear to be intact," said analyst Stephen Grambling.

He is expecting healthy EPS growth at both companies as favors these stocks as a secular play given attractive valuation and subdued macro.

Goldman Sachs has a Buy rating on Whole Foods with a price target of $103.

Goldman Sachs has a Buy rating on The Fresh Market with a price target of $56.

For an analyst ratings summary and ratings history on Whole Foods Market (Nasdaq: WFM) click here. For more ratings news on Whole Foods Market click here.

Shares of Whole Foods Market closed at $86.43 yesterday.

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