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Friday, July 07, 2017 4:04:30 PM
Alert:
Supervalu stock is expected to rise 65% over the next year
Wall Street analysts are bullish on Supervalu. Analysts expect its stock price to rise 65%. The company, which is currently trading at $3.17 (as of June 28, 2017), has been assigned a target price of $5.22. Individual target prices on the company range between $3.50 and $8.00.
Supervalu has the best upside in its broader peer group. Kroger and Sprouts Farmers Market’s (SFM) share prices are expected to rise 14% and 12%, respectively. Walmart (WMT) and Costco’s (COST) share prices are projected to rise 5% and 14%, respectively. Sysco and United Natural Foods should see their share prices rise 12% and 15% during the next 12 months.
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