Brokerages Set Once Upon A Farm (NYSE:OFRM) Target Price at $26.13

Shares of Once Upon A Farm (NYSE:OFRM) have received an average rating of “Hold” from the eleven brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $26.1250.

A number of research analysts recently weighed in on OFRM shares. William Blair started coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They issued an “outperform” rating for the company. Barclays cut their target price on shares of Once Upon A Farm from $20.00 to $18.00 and set an “equal weight” rating for the company in a report on Friday, May 8th. Oppenheimer started coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They issued an “outperform” rating and a $35.00 target price for the company. Bank of America started coverage on shares of Once Upon A Farm in a report on Tuesday, March 3rd. They issued a “buy” rating and a $26.00 target price for the company. Finally, Evercore set a $23.00 price objective on shares of Once Upon A Farm in a research note on Friday, May 8th.

Once Upon A Farm Stock Performance

OFRM stock opened at $18.52 on Thursday. The firm has a fifty day simple moving average of $15.83. Once Upon A Farm has a fifty-two week low of $14.00 and a fifty-two week high of $27.00. The stock has a market capitalization of $775.82 million and a price-to-earnings ratio of -77.15.

Once Upon A Farm (NYSE:OFRM) last posted its earnings results on Thursday, May 7th. The organic kids food company reported ($0.59) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.38). The company had revenue of $72.72 million for the quarter. Once Upon A Farm’s revenue was up 43.7% compared to the same quarter last year.

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.