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Wall Street Expects a 45% Jump in SVU’s Stock Price

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Apr. 25 2017, Updated 7:36 a.m. ET

Wall Street is bullish on Supervalu

Wall Street is quite positive on Supervalu’s (SVU) stock. Analysts are expecting a 45% rise in SVU’s stock price over the next 12 months. The company, which is currently trading at $3.93 as of April 20, 2017, has been assigned a target price of $5.69.

SVU has a better upside compared to peers. Share prices of supermarkets Kroger (KR) and Sprouts Farmers (SFM) are predicted to rise 16% and 1%, respectively, while that of wholesalers United Natural Foods (UNFI) and Sysco (SYY) are likely to rise around 3% each over the next 12 months. Whole Foods Market (WFM) stock is, however, likely to witness a decline of 16% in its stock price, according to Wall Street. 

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Ratings

11 Wall Street analysts cover Supervalu. Together, they rate the stock as a 2.6 on a scale where one is a “strong buy” and five is a “strong sell.” In contrast, supermarket chains Kroger (KR) and Sprouts Farmers Market (SFM) have a better rating of 2.2 each. Wholesaler United Natural Foods (UNFI) and organic food retailer Whole Foods Market (WFM) have lower ratings of 2.9 and 3.2, respectively.

Recommendations

Of the 11 analysts who rate SVU, 27% of them recommend buying the stock, while 73% recommend holding it. None of the analysts have a “sell” recommendation on the company. Sprouts also doesn’t have any “sell” ratings. Whole Foods Market has a “sell” from 31% analysts.

ETF investors seeking to add exposure to SVU can consider the iShares S&P Small-Cap 600 Value ETF (IJS), which invests 0.3% of its portfolio in the company.

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