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 target cut by Deutsche Bank Aktiengesellschaft from $22.00 to $17.00 in a report published on Monday,Benzinga reports. They currently have a hold rating on the organic kids food company’s stock.

Other equities analysts have also issued reports about the company. Barclays initiated coverage on Once Upon A Farm in a research note on Tuesday, March 3rd. They set an “equal weight” rating and a $25.00 price target for the company. The Goldman Sachs Group started coverage on Once Upon A Farm in a report on Tuesday, March 3rd. They issued a “buy” rating and a $43.00 price objective for the company. TD Cowen began coverage on Once Upon A Farm in a research note on Tuesday, March 3rd. They set a “hold” rating and a $26.00 target price for the company. William Blair began coverage on Once Upon A Farm in a report on Tuesday, March 3rd. They set an “outperform” rating on the stock. Finally, Bank of America started coverage on shares of Once Upon A Farm in a research report on Tuesday, March 3rd. They issued a “buy” rating and a $26.00 price target on the stock. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Once Upon A Farm presently has an average rating of “Moderate Buy” and an average price target of $28.38.

Once Upon A Farm Price Performance

Shares of NYSE:OFRM opened at $15.13 on Monday. Once Upon A Farm has a twelve month low of $15.00 and a twelve month high of $27.00.

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

Insider Activity

In related news, Director Walter E. Iv Robb acquired 5,555 shares of the business’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 transaction, the director owned 145,970 shares of the company’s stock, valued at approximately $2,627,460. The trade was 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 hyperlink.

Once Upon A Farm Company Profile

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.