Blurbs

MKM Partners Remains a Buy on United Natural Foods (UNFI)

In a report released today, William Kirk from MKM Partners maintained a Buy rating on United Natural Foods (UNFIResearch Report), with a price target of $63.00. The company’s shares closed yesterday at $45.58.

Kirk covers the Consumer Goods sector, focusing on stocks such as Kroger Company, Boston Beer, and United Natural Foods. According to TipRanks, Kirk has an average return of -4.9% and a 46.67% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Natural Foods with a $48.33 average price target.

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The company has a one-year high of $57.89 and a one-year low of $32.90. Currently, United Natural Foods has an average volume of 445.5K.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UNFI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

United Natural Foods, Inc. engages in the distribution of natural, organic, and specialty foods and non-food products. It operates through the following segments: Wholesale and Other. The Wholesale segment distributes nutritional supplements, personal care items and organic products. The Others segment includes the sale other activities of the firm. It offers food and non food, frozen, perishables, bulk, body care products and supplements. The company was founded by Michael S. Funk in 1996 and is headquartered in Providence, RI.

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