Desjardins Increases Goodfood Market (TSE:FOOD) Price Target to C$0.75

Goodfood Market (TSE:FOOD) had its price target lifted by research analysts at Desjardins from C$0.65 to C$0.75 in a report released on Thursday, BayStreet.CA reports. The firm presently has a “hold” rating on the stock. Desjardins’ price objective would indicate a potential upside of 141.94% from the company’s previous close.

Goodfood Market Stock Down 3.1 %

FOOD stock opened at C$0.31 on Thursday. The company has a current ratio of 1.12, a quick ratio of 0.77 and a debt-to-equity ratio of 346.01. Goodfood Market has a 1 year low of C$0.21 and a 1 year high of C$0.57. The company has a fifty day simple moving average of C$0.27 and a 200 day simple moving average of C$0.30. The firm has a market cap of C$23.86 million, a PE ratio of -3.44 and a beta of -0.35.

Goodfood Market Company Profile

Goodfood Market Corp., an online grocery company, delivers fresh meals and add-ons in Canada. It offers ready-to-eat and ready-to-cook products, which include meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, frozen, and kitchen essentials. Goodfood Market Corp.