Whole Foods Market Downgraded by Zacks to Neutral (WFM)

Zacks lowered shares of Whole Foods Market (NYSE: WFM) from an outperform rating to a neutral rating in a report released on Thursday. Zacks currently has $102.00 target price on the stock.

Whole Foods Market opened at 88.12 on Thursday. Whole Foods Market has a 1-year low of $79.58 and a 1-year high of $101.86. The stock’s 50-day moving average is currently $92.24. The company has a market cap of $16.337 billion and a price-to-earnings ratio of 33.01.

Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital cut their price target on shares of Whole Foods Market from $106.00 to $100.00 in a research note to investors on Thursday. They now have an outperform rating on the stock. Separately, analysts at Cowen reiterated an outperform rating on shares of Whole Foods Market in a research note to investors on Thursday. Finally, analysts at TheStreet reiterated a buy rating on shares of Whole Foods Market in a research note to investors on Tuesday, February 12th.

Eighteen equities research analysts have rated the stock with a buy rating, and eleven have assigned a hold rating to the company’s stock. Whole Foods Market presently has an average rating of overweight and a consensus price target of $104.48.

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