Stock Analysis:Vitamin Shoppe (NYSE:VSI) Stock Target Upgraded
In analysts report distributed by Bank of America (Merrill Lynch) on Friday morning, Vitamin Shoppe (NYSE:VSI) had its PT raised to $28.00. The firm at present has a solid Underperform rating on shares.
From a total of 12 analysts covering Vitamin Shoppe (NYSE:VSI) stock, 4 rate it a ”Buy”, 1 a “Sell”, and 9 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is $42 while the lowest target price is $26. The mean of all analyst targets is $36.67 with a 7.81% above today’s ($32.77) stock price. Vitamin Shoppe was the topic of 6 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. Robert W. Baird downgraded shares on November 17 to “Neutral” rating. Zacks upgraded VSI stock in a recent report from August 8 to “Sell” rating.
Approximately 74,299 shares of stock traded hands. Vitamin Shoppe Inc (NYSE:VSI) has declined 15.72% since May 8, 2015 and is downtrending. It has underperformed by 12.70% the S&P500.
Vitamin Shoppe, Inc. is a multi-channel specialty retailer and contract maker of vitamins, minerals, herbs, specialty supplements, sports nutrition and other health and wellness products (VMS). The company has a market cap of $960.70 million. The Firm operates through three divisions: retail, which includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats; direct, which consists of its e-commerce and catalog formats, and manufacturing, which consists of the Nutri-Force manufacturing operations. It has 16.56 P/E ratio.
According to Zacks Investment Research, “Vitamin Shoppe is a specialty retailer and direct marketer of nutritional products. It primarily sells vitamins, minerals, nutritional supplements, herbs, sports nutrition formulas, homeopathic remedies, green living products and health and beauty aids. Based in North Bergen, New Jersey, the company is recognized as an innovator in providing product information, associate training, and customer education. Information is available to consumers through unprecedented outlets including television, radio, friends, family, health practitioners, and the internet. It offers consumers the opportunity to take charge of their own health and wellness requirements, and supplement where necessary. At each store location, consumers can find a comprehensive Learning Center which offers free access to vital information about key health concerns and products. The Vitamin Shoppe is a strong supporter of health and wellness campaigns including Life Supplemented sponsored by the Council for Responsible Nutrition.” Get a free copy of the Zacks research report on Vitamin Shoppe Inc (VSI).