The Rating of Supervalu (NYSE:SVU) Shares By Pivotal Research Group Falls. $32.50 is now The TP

July 27, 2018 - By Robert Shackelford

SUPERVALU INC. (NYSE:SVU) Logo

Investors sentiment increased to Infinity in 2018 Q1. Its up Infinity, from 1 in 2017Q4. It increased, as 0 investors sold SUPERVALU INC. shares while 0 reduced holdings. 0 funds opened positions while 2 raised stakes. 94,036 shares or 138.63% more from 39,406 shares in 2017Q4 were reported.

Greenwich Wealth Mgmt Ltd Liability holds 0.11% of its portfolio in SUPERVALU INC. (NYSE:SVU) for 46,823 shares. Gemmer Asset Management Limited Company has 195 shares for 0% of their portfolio.

Supervalu (NYSE:SVU) Receives a Downgrade

Shares of Supervalu (NYSE:SVU) were lowered to a “Hold” rating by research professionals at Pivotal Research Group. They now have a target price per share of $32.50 on SVU. The past rating by Pivotal Research Group was a “Buy” and will no longer be valid.

SUPERVALU INC. (NYSE:SVU) Ratings Coverage

Among 2 analysts covering SUPERVALU (NYSE:SVU), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. SUPERVALU has $15.5 highest and $15 lowest target. $15.25’s average target is -52.60% below currents $32.17 stock price. SUPERVALU had 2 analyst reports since April 18, 2018 according to SRatingsIntel. Morgan Stanley maintained the shares of SVU in report on Thursday, April 26 with “Equal-Weight” rating.

The stock increased 65.40% or $12.72 during the last trading session, reaching $32.17. About 25.78 million shares traded or 1839.37% up from the average. SUPERVALU INC. (NYSE:SVU) has declined 33.67% since July 27, 2017 and is downtrending. It has underperformed by 46.24% the S&P500.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company has market cap of $1.24 billion. The firm operates through two divisions, Wholesale and Retail. It has a 27.47 P/E ratio. The Wholesale segment engages in the wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store operators, regional chains, and the military.

More notable recent SUPERVALU INC. (NYSE:SVU) news were published by: Seekingalpha.com which released: “Hidden Value In SuperValu” on July 17, 2018, also Bizjournals.com with their article: “United Natural Foods buying Supervalu in $2.9 billion deal” published on July 26, 2018, Streetinsider.com published: “Pre-Open Movers 07/26: (SVU) (ARNC) (XLNX) Higher; (NLSN) (FB) (MHK) Lower (more…)” on July 26, 2018. More interesting news about SUPERVALU INC. (NYSE:SVU) were released by: Seekingalpha.com and their article: “United Natural Foods scoops up Supervalu” published on July 26, 2018 as well as Seekingalpha.com‘s news article titled: “Supervalu defends board nominees” with publication date: July 18, 2018.

SUPERVALU INC. (NYSE:SVU) Ratings Chart

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