Once Upon A Farm (NYSE:OFRM) Given New $17.00 Price Target at Deutsche Bank Aktiengesellschaft

Once Upon A Farm (NYSE:OFRM) had its price objective reduced by research analysts at Deutsche Bank Aktiengesellschaft from $22.00 to $17.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “hold” rating on the organic kids food company’s stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 10.17% from the stock’s previous close.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. assumed coverage on Once Upon A Farm in a research report on Tuesday, March 3rd. They set an “overweight” rating and a $29.00 target price on the stock. Zacks Research upgraded Once Upon A Farm to a “hold” rating in a research note on Wednesday, February 18th. Oppenheimer began coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They set an “outperform” rating and a $35.00 price objective on the stock. William Blair assumed coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an “outperform” rating for the company. Finally, Evercore began coverage on shares of Once Upon A Farm in a research report on Tuesday, March 3rd. They set a “hold” rating and a $26.00 price target on the stock. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $28.38.

Once Upon A Farm Stock Performance

Shares of Once Upon A Farm stock traded up $0.17 on Monday, hitting $15.43. 241,713 shares of the company’s stock traded hands, compared to its average volume of 730,486. Once Upon A Farm has a one year low of $15.05 and a one year high of $27.00.

Once Upon A Farm (NYSE:OFRM) last released its quarterly earnings data on Thursday, March 12th. The organic kids food company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The firm had revenue of $64.03 million for the quarter, compared to the consensus estimate of $62.65 million.

Insider Activity

In related news, Director Walter E. Iv Robb purchased 5,555 shares of the business’s stock in a transaction on Monday, February 9th. The stock was acquired at an average price of $18.00 per share, with a total value of $99,990.00. Following the purchase, the director directly owned 145,970 shares in the company, valued at approximately $2,627,460. This represents a 3.96% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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.