Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG (NYSE: UBS) raised their price target on shares of The Fresh Market from $54.00 to $63.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of The Fresh Market from $45.00 to $49.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Finally, analysts at Morgan Stanley (NYSE: MS) raised their price target on shares of The Fresh Market from $54.00 to $62.00 in a research note to investors on Friday, April 27th. They now have an “overweight” rating on the stock.
The Fresh Market opened at 58.12 on Thursday. The Fresh Market has a 1-year low of $30.86 and a 1-year high of $59.10. The company has a market cap of $2.793 billion and a price-to-earnings ratio of 54.32.
The Fresh Market last released its earnings data on Wednesday, May 30th. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.05. The Fresh Market’s revenue was up 22.8% compared to the same quarter last year. Analysts expect that The Fresh Market will post $0.24 EPS next quarter.
The Fresh Market, Inc., (The Fresh Market) is a specialty retailer. The Company focuses on perishable product categories, which include meat, seafood, produce, deli, bakery, floral, sushi and prepared foods.