Analysts have clear opinions on GO.
There are 3 analysts on the Wall offering 12 month price targets for Grocery Outlet Holding in the last 3 months. The average price target is $42.00 with a high forecast of $51.00 and a low forecast of $35.00. The average price target represents a 24.81% increase from the last price of $33.65.
Grocery Outlet Holding Corp. (GO) is followed by 3 analysts on the street.
Michael Lasser from UBS rates it a Hold with a target of $35.00.
Similarly, 2 months ago Randal Konik of Jefferies Reiterated a Buy with a target of $51.00.
The consensus on the street is Moderate Buy.
What does Grocery Outlet Holding Corp.(GO) do ?
Grocery Outlet Holding Corp. engages in the operation of retail stores. It offers name-brand consumables and fresh products through a network of independently operated stores. The company was founded by Jim Read in 1946 and is headquartered in Emeryville, CA.
Grocery Outlet Holding Corp. (GO) Insider Trades
Multiple company employees have indulged in significant insider trading. Grocery Outlet Holding Corp. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
Vice COB, Read S. Macgregor Jr. : S – Sale+OE(-$11,399,080) of GO in the trading session of 2019-10-08.
10% H&f Corporate Investors Vii, Ltd. : S – Sale(-$371,228,920) of GO in the trading session of 2019-10-08.
Dir Matthews Norman S : S – Sale(-$1,464,717) of Grocery Outlet Holding Corp. in the trading session of 2019-10-08.