United Natural Foods (UNFI) Risk/Reward Positive, Jefferies Says
Get Alerts UNFI Hot Sheet
Rating Summary:
8 Buy, 23 Hold, 7 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 10
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Jefferies analyst Mark Wiltamuth reiterated a Buy rating and $90 price target on United Natural Foods (NASDAQ: UNFI) saying they like the risk reward.
Wiltamuth commented, "With UNFI shares now down to P/E floors established in 2013 and 2014 and two levers pending for the company (new opportunity in the perimeter-of-store and rising ROIC/FCF), we like the current risk/reward. After recent marketing tours, top questions from investors center around the risk of grocers shifting to self-distribution, confidence levels in our free cash flow outlook and the sources of recent sales weakness."
For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.
Shares of United Natural Foods closed at $68.32 yesterday.
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