Telsey Advisory Group Reiterates SuperValu Market Perform Rating; Lowers PT to $5.5 from $6.5 (NYSE:SVU)


The stock decreased 1.05% or $0.05 during the last trading session, hitting $4.7. About 4.27 million shares traded hands. SUPERVALU INC. (NYSE:SVU) has risen 14.18% since February 8, 2016 and is uptrending. It has underperformed by 2.31% the S&P500.

SUPERVALU INC. is a wholesale distributor to independent retail clients across the United States. The company has a market cap of $1.25 billion. The Firm operates through three divisions: Wholesale, Save-A-Lot and Retail. It has a 8.07 P/E ratio. The Wholesale segment spans approximately 40 states and serves as a primary grocery supplier to approximately 1,800 stores of independent retail customers, in addition to its own Retail stores, as well as serving as a secondary grocery supplier to approximately 230 stores of independent retail customers.

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