Goldman Sachs Starts United Natural Foods (UNFI) at Neutral

October 22, 2012 7:00 AM EDT Send to a Friend
Get Alerts UNFI Hot Sheet
Price: $82.72 -0.54%

Rating Summary:
    11 Buy, 7 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 27 | New: 22
Trade UNFI Now!
Join SI Premium – FREE
Goldman Sachs initiates coverage on United Natural Foods (NASDAQ: UNFI) with a Neutral. PT $57.00.

As a leading distributor of natural, organic, and specialty food products in the US and Canada, the company is "positioned to benefit from secular tailwinds that we anticipate will drive 8% industry growth for the next decade," according to Goldman. In addition "several avenues of growth to outpace the industry, including new products and customers." That said, shares trade in-line with other growth peers in the sector and they would wait for a better entry point.

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 $56.17 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

New Coverage

Related Entities

Goldman Sachs

Add Your Comment