Analysts Set Once Upon A Farm (NYSE:OFRM) Target Price at $26.75

Once Upon A Farm (NYSE:OFRM) has been assigned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $26.75.

A number of equities analysts have issued reports on OFRM shares. Zacks Research raised Once Upon A Farm to a “hold” rating in a research report on Wednesday, February 18th. TD Cowen dropped their price target on Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Oppenheimer began coverage on Once Upon A Farm in a research report on Tuesday, March 3rd. They set an “outperform” rating and a $35.00 price target on the stock. Wall Street Zen raised Once Upon A Farm from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Once Upon A Farm from $22.00 to $17.00 and set a “hold” rating on the stock in a research report on Monday, March 30th.

Once Upon A Farm Trading Up 1.6%

Shares of OFRM opened at $14.91 on Wednesday. The firm has a 50 day simple moving average of $18.72. Once Upon A Farm has a 52-week low of $14.30 and a 52-week high of $27.00.

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

Insider Activity

In other news, Director Walter E. Iv Robb purchased 5,555 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were acquired at an average cost of $18.00 per share, with a total value of $99,990.00. Following the transaction, the director owned 145,970 shares in the company, valued at approximately $2,627,460. The trade was a 3.96% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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.