Goodfood Market Corp. (OTCMKTS:GDDFF) Receives Consensus Rating of “Buy” from Analysts

Goodfood Market Corp. (OTCMKTS:GDDFF) has received an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $12.20.

GDDFF has been the topic of a number of recent research reports. Raymond James raised shares of Goodfood Market from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 8th. Scotiabank boosted their target price on shares of Goodfood Market from C$11.50 to C$12.00 and gave the stock an “outperform” rating in a research report on Thursday, July 8th.

Shares of GDDFF stock opened at $7.91 on Tuesday. Goodfood Market has a fifty-two week low of $4.72 and a fifty-two week high of $11.50. The firm’s 50 day moving average price is $7.83 and its two-hundred day moving average price is $7.09.

Goodfood Market Company Profile

Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada. The company offers ready-to-eat and breakfast meals, which include ready-to-blend smoothies and other breakfast items, prepared meals, cooked meats and sides, and salads and soups; and private-label grocery items in various categories, such as bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and kitchen essentials, as well as olive oil, juice, and chocolate cookies.

Further Reading: What is the Gross Domestic Product (GDP)?

Analyst Recommendations for Goodfood Market (OTCMKTS:GDDFF)

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