SUPERVALU (NYSE:SVU) had its target price lifted by Goldman Sachs Group Inc. to $8.00 in a research note released on Friday morning, Analyst Ratings Network.com reports. They currently have a neutral rating on the stock.
SUPERVALU (NYSE: SVU) traded up 1.38% on Friday, hitting $7.725. SUPERVALU has a 1-year low of $1.68 and a 1-year high of $8.26. The stock’s 50-day moving average is currently $6.56. The company’s market cap is $1.900 billion.
SVU has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets reiterated a hold rating on shares of SUPERVALU in a research note to investors on Tuesday, July 16th. They now have a $7.00 price target on the stock. Separately, analysts at Cantor Fitzgerald raised their price target on shares of SUPERVALU from $7.00 to $8.00 in a research note to investors on Tuesday, July 16th. They now have a buy rating on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of SUPERVALU in a research note to investors on Tuesday, July 9th. They now have a $7.25 price target on the stock.
One research analyst has rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of $5.46.
SUPERVALU INC. (NYSE: SVU) is a United States grocery channel.