Bank of America began coverage on shares of Grocery Outlet (NYSE:GO) in a research report report published on Monday, BenzingaRatingsTable reports. The brokerage issued a neutral rating and a $37.00 price target on the stock.
GO has been the topic of several other reports. Goldman Sachs Group reissued a buy rating and issued a $70.00 target price on shares of Total in a research note on Monday. Telsey Advisory Group initiated coverage on Grocery Outlet in a research note on Monday. They issued an outperform rating and a $40.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $36.75.
NYSE GO opened at $35.45 on Monday. Grocery Outlet has a 1 year low of $27.75 and a 1 year high of $36.60.
About Grocery Outlet
Grocery Outlet Holding Corp. owns and operates a chain of grocery stores in the United States. The company offers products in various categories, such as grocery, dairy and deli, produce, refrigerated and frozen, floral, beer and wine, general merchandise, and health and beauty care, as well as fresh meat and seafood; and natural, organic, specialty, and healthy products.
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