Once Upon A Farm (NYSE:OFRM) Price Target Cut to $10.00 by Analysts at TD Cowen

Once Upon A Farm (NYSE:OFRM – Get Free Report) had its price objective lowered by stock analysts at TD Cowen from $13.00 to $10.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “hold” rating on the organic kids food company’s stock. TD Cowen‘s price target points to a potential downside of 2.48% from the stock’s previous close.

A number of other equities analysts also recently weighed in on OFRM. Wall Street Zen downgraded Once Upon A Farm from a “hold” rating to a “sell” rating in a report on Saturday, October 24th. Bank of America cut shares of Once Upon A Farm from a “buy” rating to an “underperform” rating and decreased their price target for the stock from $21.00 to $10.00 in a report on Tuesday, November 3rd. Weiss Ratings raised shares of Once Upon A Farm from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, November 2nd. Barclays boosted their price objective on shares of Once Upon A Farm from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. Finally, Freedom Broker assumed coverage on shares of Once Upon A Farm in a research note on Thursday, October 8th. They issued a “buy” rating and a $24.50 price objective on the stock. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $23.06.

Get Our Latest Stock Analysis on Once Upon A Farm

Once Upon A Farm Trading Up 0.7%

Shares of OFRM stock opened at $10.25 on Friday. The company has a market capitalization of $430.57 million and a price-to-earnings ratio of -29.37. Once Upon A Farm has a 1-year low of $8.83 and a 1-year high of $27.00. The stock’s fifty day simple moving average is $15.27 and its 200-day simple moving average is $17.14.

Once Upon A Farm (NYSE:OFRM – Get Free Report) last announced its quarterly earnings data on Thursday, November 12th. The organic kids food company reported ($0.09) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.09). The business had revenue of $89.07 million during the quarter. On average, sell-side analysts predict that Once Upon A Farm will post -0.31 EPS for the current year.

Institutional Investors Weigh In On Once Upon A Farm

Several institutional investors have recently made changes to their positions in OFRM. State of Alaska Department of Revenue bought a new stake in shares of Once Upon A Farm in the 3rd quarter valued at approximately $39,000. Berger Financial Group Inc bought a new position in Once Upon A Farm during the third quarter valued at approximately $184,000. Private Advisor Group LLC bought a new position in Once Upon A Farm during the third quarter valued at approximately $399,000. Bank of New York Mellon Corp bought a new position in Once Upon A Farm during the second quarter valued at approximately $781,000. Finally, Inspire Investing LLC acquired a new stake in Once Upon A Farm in the third quarter valued at approximately $638,000.

More Once Upon A Farm News

Here’s some of the latest news about OFRM:

Once Upon A Farm Company Profile

(Get Free Report)

Once Upon A Farm is a U.S. food company that makes organic products for babies and children. Its offerings include fruit and vegetable blends, baby meals, smoothies, snacks and oat bars, sold in refrigerated and shelf-stable formats. Founded in 2015 by Cassandra Curtis and Ari Raz, the company later brought in John Foraker as chief executive and Jennifer Garner as a co-founder. Its products are designed for families seeking convenient foods made with organic ingredients. Once Upon A Farm sells its products across the United States through grocery and other retail outlets, as well as online channels.

Further Reading

Analyst Recommendations for Once Upon A Farm (NYSE:OFRM)

Receive News & Ratings for Once Upon A Farm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Once Upon A Farm and related companies with MarketBeat.com's FREE daily email newsletter.