Supervalu Inc. Receives a Hold from Deutsche Bank

By George MacDonald

Deutsche Bank analyst Shane Higgins reiterated a Hold rating on Supervalu Inc. (NYSE: SVU) on July 28. The company’s shares closed last Friday at $4.88.

According to TipRanks.com, Higgins is a 3-star analyst with an average return of 9.9% and a 71.4% success rate. Higgins covers the Services sector, focusing on stocks such as United Natural Foods, Gnc Holdings Inc., and Casey’s General.

Supervalu Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $10

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Supervalu Inc.`s market cap is currently $1.29B and has a P/E ratio of 7.22. The company has a book value ratio of -2.9324%.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is neutral on the stock. Most recently, in November 2015, Francesca Ruiz De-Luzuriaga, a a Director at SVU bought 5,000 shares for a total of $32,000.

SUPERVALU, Inc. engages in the distribution of food and grocery store operations. It operates through the following segments: Independent Business, Save-A-Lot, and Retail Food. The Independent Business 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 Food segment includes the sale of groceries at retail locations it operates. The company was founded in 1925 and is headquartered in Eden Prairie, MN.