RBC Capital Releases a Hold Rating on Supervalu Inc

By Ryan Adsit

In a report released today, William Kirk from RBC Capital reiterated a Hold rating on Supervalu Inc (NYSE: SVU), with a price target of $6. The company’s shares opened today at $3.41, close to its 52-week low of $3.20.

According to TipRanks.com, Kirk is ranked 0 out of 5 stars with an average return of -11.8% and a 20.3% success rate. Kirk covers the Services sector, focusing on stocks such as United Natural Foods, Natural Grocers, and Sprouts Farmers.

Supervalu Inc has an analyst consensus of Moderate Buy, with a price target consensus of $5.50.

Supervalu Inc’s market cap is currently $873.7M and has a P/E ratio of 8.83. The company has a book value ratio of -3.5422.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is neutral on the stock. Most recently, in November 2015, Francesca Ruiz De-Luzuriaga, a Director at SVU bought 5,000 shares for a total of $32,000.

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SUPERVALU, Inc. engages in the distribution of food and grocery store operations. It operates through the following segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment engages in wholesale distribution to independently-owned retail food stores and other customers. The Save-A-Lot segment involves the sale of groceries at retail locations operated and licensed by the company. The Retail segment includes the sale of groceries at retail locations it operates. The company was founded in 1925 and is headquartered in Eden Prairie, MN.