Analysts Set Once Upon A Farm (NYSE:OFRM) Target Price at $26.12

Once Upon A Farm (NYSE:OFRM) has earned a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $26.1250.

A number of research analysts have recently issued reports on OFRM shares. Evercore set a $23.00 price objective on Once Upon A Farm in a research note on Friday, May 8th. Barclays dropped their target price on Once Upon A Farm from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Friday, May 8th. Weiss Ratings initiated coverage on Once Upon A Farm in a research report on Friday, May 1st. They set a “sell (e-)” rating on the stock. TD Cowen decreased their price target on Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Once Upon A Farm from $22.00 to $17.00 and set a “hold” rating for the company in a research report on Monday, March 30th.

Once Upon A Farm Stock Up 0.2%

Shares of Once Upon A Farm stock opened at $18.45 on Monday. Once Upon A Farm has a 52-week low of $14.00 and a 52-week high of $27.00. The firm has a fifty day simple moving average of $17.42. The stock has a market cap of $773.09 million and a PE ratio of -76.88.

Once Upon A Farm (NYSE:OFRM) last issued its earnings results on Thursday, May 7th. The organic kids food company reported ($0.59) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.38). The company had revenue of $72.72 million for the quarter. Once Upon A Farm’s revenue was up 43.7% on a year-over-year basis.

Once Upon A Farm Company Profile

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.