Once Upon A Farm (NYSE:OFRM) Earns Buy Rating from Analysts at Bank of America

Bank of America assumed coverage on shares of Once Upon A Farm (NYSE:OFRM) in a research report released on Tuesday morning, Marketbeat reports. The firm issued a buy rating and a $26.00 price objective on the organic kids food company’s stock.

OFRM has been the subject of several other research reports. Zacks Research raised shares of Once Upon A Farm to a “hold” rating in a research report on Wednesday, February 18th. Oppenheimer began coverage on shares of Once Upon A Farm in a research note on Tuesday. They set an “outperform” rating and a $35.00 price objective for the company. TD Cowen assumed coverage on Once Upon A Farm in a report on Tuesday. They set a “hold” rating and a $26.00 price objective for the company. Finally, Wall Street Zen raised Once Upon A Farm to a “hold” rating in a research report on Saturday, February 14th. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $29.38.

Once Upon A Farm Price Performance

Shares of Once Upon A Farm stock opened at $21.98 on Tuesday. Once Upon A Farm has a fifty-two week low of $20.11 and a fifty-two week high of $27.00.

Insider Activity

In related news, Director Walter E. Iv Robb purchased 5,555 shares of Once Upon A Farm stock in a transaction dated Monday, February 9th. The shares were acquired at an average price of $18.00 per share, with a total value of $99,990.00. Following the completion of the transaction, the director owned 145,970 shares of the company’s stock, valued at approximately $2,627,460. This trade represents a 3.96% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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.