United Natural Foods Inc (NYSE: UNFI) stock closed at $13.40 on 6/5/24 after a major increase of 10.4%. Moreover, exceptionally high trading volume at 256% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 13.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, UNFI is expected to continue to be a modest Value Builder.
United Natural Foods has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. United Natural Foods has a very high Appreciation Score of 95 but a very low Power Rating of 7, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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