Goodfood Market (TSE:FOOD) Price Target Lowered to C$3.50 at Acumen Capital

Goodfood Market place (TSE:Food stuffGet Ranking) had its price focus on lessened by equities study analysts at Acumen Capital from C$4.25 to C$3.50 in a report issued on Monday, BayStreet.CA stories. Acumen Capital’s price tag goal would advise a opportunity upside of 31.58% from the company’s previous close.

A quantity of other brokerages also lately issued reviews on Food stuff. Canaccord Genuity Group amplified their selling price aim on Goodfood Marketplace from C$2.25 to C$2.50 in a research report on Monday. Nationwide Bankshares dropped their rate concentrate on on Goodfood Market place from C$4.25 to C$3.75 and set an “outperform” score for the firm in a investigate report on Monday. Scotiabank decreased their concentrate on value on shares of Goodfood Industry from C$3.00 to C$2.75 in a exploration observe on Monday. National Financial institution Fiscal slice their price tag target on shares of Goodfood Current market to C$5.50 and set an “outperform” ranking for the business in a research be aware on Friday, January 14th. Lastly, Eight Money reduced their price tag aim on shares of Goodfood Sector from C$6.25 to C$3.50 and established an “outperform” rating on the inventory in a analysis report on Thursday, January 20th. 4 equities investigation analysts have rated the stock with a maintain score and three have offered a invest in ranking to the business. In accordance to knowledge from, the firm presently has a consensus score of “Hold” and a consensus price focus on of C$4.33.

Shares of Goodfood Market inventory traded down C$.05 on Monday, hitting C$2.66. The organization had a investing volume of 108,955 shares, when compared to its normal volume of 285,882. The stock has a current market capitalization of C$199.46 million and a price-to-earnings ratio of -3.84. The firm has a financial debt-to-equity ratio of 163.85, a swift ratio of 1.87 and a present-day ratio of 2.13. The inventory has a 50 day transferring common of C$2.76 and a 200-working day going ordinary of C$4.51. Goodfood Marketplace has a 1 yr minimal of C$2.02 and a 1 calendar year superior of C$10.89.

Goodfood Sector Company Profile (Get Score)

Goodfood Market Corp., an on the web grocery firm, delivers new foods and grocery solutions in Canada. The company gives ready-to-consume products and solutions, which include things like bakery, dessert, meat and seafood, drinks, pantry, create, treats, dairy, frozen and kitchen area necessities. It also offers Yumm, a price meal kit for price-concentrated clients.

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