On Nov 07, major Wall Street analysts update their ratings for $Grocery Outlet (GO.US)$, with price targets ranging from $13 to $26.
Morgan Stanley analyst Simeon Gutman maintains with a sell rating, and adjusts the target price from $23 to $13.
BofA Securities analyst Robert Ohmes maintains with a hold rating, and maintains the target price at $17.
UBS analyst Mark Carden maintains with a hold rating, and adjusts the target price from $27 to $16.
Deutsche Bank analyst Krisztina Katai maintains with a buy rating, and adjusts the target price from $29 to $26.
TD Cowen analyst Oliver Chen downgrades to a hold rating, and adjusts the target price from $25 to $16.
Furthermore, according to the comprehensive report, the opinions of $Grocery Outlet (GO.US)$'s main analysts recently are as follows:
The company is centering its efforts on core business fundamentals.
Grocery Outlet's journey has been notably volatile, yet there's a sentiment that the most challenging times may have passed with the return of former CEO Eric Lindberg. The third quarter turned out to be more favorable than anticipated, while the outlook for the fourth quarter appears conservative. Looking ahead to 2025, there's an expectation of a gradual realignment with the company's historical performance trajectory, and the valuation multiples are currently at unprecedented lows.
The interim CEO of Grocery Outlet is anticipated to provide a positive and stabilizing influence while addressing prolonged technological system challenges, rebuilding connections with independent operators, and reinstating value pricing for customers. These are considered critical objectives. Nevertheless, a more cautious stance is adopted until there is greater assurance in the company's ability to fulfill its plan for future achievement.
Here are the latest investment ratings and price targets for $Grocery Outlet (GO.US)$ from 9 analysts:
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美東時間11月7日，多家華爾街大行更新了$Grocery Outlet (GO.US)$的評級，目標價介於13美元至26美元。
摩根士丹利分析師Simeon Gutman維持賣出評級，並將目標價從23美元下調至13美元。
美銀證券分析師Robert Ohmes維持持有評級，維持目標價17美元。
瑞士銀行分析師Mark Carden維持持有評級，並將目標價從27美元下調至16美元。
德意志銀行分析師Krisztina Katai維持買入評級，並將目標價從29美元下調至26美元。
TD Cowen分析師Oliver Chen下調至持有評級，並將目標價從25美元下調至16美元。
此外，綜合報道，$Grocery Outlet (GO.US)$近期主要分析師觀點如下：
公司正在把重點放在覈心業務基本原理上。
grocery outlet的歷程一直相當波動，但有一種觀點認爲，隨着前CEO埃裏克·林德伯格的回歸，最具挑戰性的時期可能已經過去。第三季度的表現比預期更爲有利，而第四季度的前景顯得保守。展望2025年，預計將逐步實現與公司歷史業績軌跡的重新調整，目前估值倍數處於前所未有的低位。
grocery outlet的臨時CEO有望在解決長期技術系統挑戰、重建與獨立經營者的聯繫以及恢復顧客的價值定價時提供積極和穩定的影響。這被認爲是關鍵目標。儘管如此，對公司未來實現計劃的能力存在更大保證之前，仍持謹慎態度。
以下爲今日9位分析師對$Grocery Outlet (GO.US)$的最新投資評級及目標價：
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