▲ +28.45% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Grocery Outlet in the last 3 months. The average price target is $44.64, with a high forecast of $53.00 and a low forecast of $37.00. The average price target represents a 28.45% upside from the last price of $34.75.
The current consensus among 12 contributing investment analysts is to buy stock in Grocery Outlet. This rating has held steady since June 2020, when it changed from a Hold consensus rating.
Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company's stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine. As of January 2, 2021, it had 380 stores in California, Washington, Oregon, Pennsylvania, Idaho, and Nevada. The company was founded in 1946 and is headquartered in Emeryville, California.