Evercore Begins Coverage on Once Upon A Farm (NYSE:OFRM)

Investment analysts at Evercore assumed coverage on shares of Once Upon A Farm (NYSE:OFRM) in a report released on Tuesday. The brokerage set an “in-line” rating and a $26.00 price target on the organic kids food company’s stock. Evercore’s target price points to a potential upside of 9.94% from the company’s current price.

OFRM has been the subject of several other research reports. Bank of America began coverage on shares of Once Upon A Farm in a report on Tuesday. They set a “buy” rating and a $26.00 price objective for the company. The Goldman Sachs Group assumed coverage on Once Upon A Farm in a research report on Tuesday. They set a “buy” rating and a $43.00 price target on the stock. JPMorgan Chase & Co. began coverage on Once Upon A Farm in a research report on Tuesday. They issued an “overweight” rating and a $29.00 price objective for the company. Wall Street Zen raised Once Upon A Farm to a “hold” rating in a research note on Saturday, February 14th. Finally, Zacks Research upgraded Once Upon A Farm to a “hold” rating in a research note on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.38.

Once Upon A Farm Trading Up 1.9%

OFRM opened at $23.65 on Tuesday. Once Upon A Farm has a twelve month low of $20.11 and a twelve month high of $27.00.

Insider Activity at Once Upon A Farm

In other news, Director Walter E. Iv Robb bought 5,555 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was bought at an average price of $18.00 per share, for a total transaction of $99,990.00. Following the completion of the transaction, the director directly owned 145,970 shares in the company, valued at $2,627,460. The trade was a 3.96% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

About Once Upon A Farm

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.