WFM Stock: Shares of Whole Foods Market, Inc. (NASDAQ:WFM) dropped -0.13% to $29.66. During the trading on 03/06/2017, Company’s stock ranged from $29.55 to $29.85.

The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 39.41 that is neither bought nor sold range.

Brokerage Rating

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations.

Presently Whole Foods Market, Inc. (NASDAQ:WFM) stock have an ABR of 2.81. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.38 earnings per share. This is the current Zacks consensus EPS which was calculated at the time of writing. Analysts might review their estimates as they will get closer to the actual results date.

Whole Foods Market, Inc. (NASDAQ:WFM) share price decreased in the last trading session with a previous 52-week high of $35.10. The stock was trading on below-average volume. The stock traded at a volume of 4.07 million shares. The share price is now down -3.60% for the past three months. Latest closing price was -3.22% below its 50-day moving average and -2.81% below its 200-day moving average.

On 03/06/2017 close, Zynga Inc. (NASDAQ:ZNGA) plummeted -1.08% to $2.75. The stock currently has a Market Cap of $2.42B.

Price Target in Focus

Even though monitoring stock technical is significant, most stockholders are more apprehensive about where the stock might be going now. Equity research analysts have given opinions on where they foresees the stock level. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $3.32 on company shares. This is a near-term estimation for the next 12-18 months.

The article first appeared in theusacommerce.com