TSE:FOOD - Goodfood Market Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$6.31
  • Forecasted Upside: 71.35 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$3.68
▲ +0.11 (3.08%)

This chart shows the closing price for FOOD by one month, three months, or twelve months.

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Analyst Price Target for FOOD

Analyst Price Target is C$6.31
▲ +71.35% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Goodfood Market in the last 3 months. The average price target is C$6.31, with a high forecast of C$14.00 and a low forecast of C$4.00. The average price target represents a 71.35% upside from the last price of C$3.68.

This chart shows the closing price for FOOD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 contributing investment analysts is to hold stock in Goodfood Market. This rating has held steady since November 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/22/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/21/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/19/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
12/18/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/17/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
1/14/2022National Bank FinancialLower Price TargetOutperformC$5.50
1/14/2022National BanksharesLower Price TargetOutperformC$7.00 ➝ C$5.50
1/14/2022Royal Bank of CanadaLower Price TargetSector PerformC$6.00 ➝ C$4.50
1/13/2022ScotiabankLower Price TargetC$6.50 ➝ C$4.00
1/11/2022Canaccord Genuity GroupLower Price TargetC$6.00 ➝ C$4.00
11/19/2021National BanksharesLower Price TargetOutperformC$10.50 ➝ C$7.00
11/19/2021Raymond JamesDowngradeOutperform ➝ HoldC$12.50 ➝ C$6.50
11/19/2021Acumen CapitalDowngradeBuy ➝ HoldC$11.50 ➝ C$6.50
11/18/2021Royal Bank of CanadaLower Price TargetSector PerformC$9.00 ➝ C$6.00
11/18/2021Eight CapitalLower Price TargetOutperformC$12.00 ➝ C$6.25
11/18/2021ScotiabankDowngradeOutperform ➝ HoldC$12.00 ➝ C$6.50
11/16/2021Raymond JamesSet Price TargetOutperformC$12.50
7/8/2021Raymond JamesBoost Price TargetMarket Perform ➝ OutperformC$12.00 ➝ C$12.50
7/8/2021Eight CapitalLower Price TargetStrong-BuyC$15.00 ➝ C$12.00
7/8/2021ScotiabankBoost Price TargetC$11.50 ➝ C$12.00
7/8/2021Royal Bank of CanadaReiterated RatingNAC$9.00
7/5/2021National BanksharesLower Price TargetOutperformC$13.00 ➝ C$12.00
7/5/2021National Bank FinancialLower Price TargetOutperformC$12.00
4/12/2021Royal Bank of CanadaReiterated RatingSector PerformC$9.00
4/8/2021Raymond JamesLower Price TargetMarket PerformC$14.00 ➝ C$12.00
4/8/2021ScotiabankLower Price TargetC$13.00 ➝ C$11.50
4/8/2021Eight CapitalLower Price TargetC$17.00 ➝ C$15.00
4/5/2021National BanksharesLower Price TargetOutperformC$13.75 ➝ C$13.00
2/26/2021BMO Capital MarketsReiterated RatingMarket PerformC$14.00
2/25/2021Eight CapitalBoost Price TargetC$10.50 ➝ C$17.00
2/25/2021ScotiabankLower Price TargetC$14.00 ➝ C$13.00
2/25/2021Raymond JamesSet Price TargetMarket PerformC$14.00
1/18/2021National Bank FinancialBoost Price TargetOutperformC$12.75 ➝ C$14.25
1/14/2021Raymond JamesSet Price TargetMarket PerformC$14.00
1/14/2021ScotiabankBoost Price TargetC$11.00 ➝ C$14.00
1/12/2021National Bank FinancialBoost Price TargetOutperformC$11.00 ➝ C$14.25
1/7/2021Raymond JamesDowngradeOutperform ➝ Market PerformC$12.50 ➝ C$14.00
1/6/2021National Bank FinancialBoost Price TargetOutperformC$11.00 ➝ C$12.75
12/4/2020ScotiabankLower Price TargetC$11.50 ➝ C$11.00
12/2/2020Raymond JamesSet Price TargetOutperformC$12.50
11/12/2020National Bank FinancialBoost Price TargetOutperformC$10.50 ➝ C$11.00
11/12/2020Raymond JamesBoost Price TargetOutperformC$9.15 ➝ C$12.50
11/5/2020National Bank FinancialBoost Price TargetOutperformC$9.00 ➝ C$10.50
10/30/2020National Bank FinancialBoost Price TargetOutperformC$9.00 ➝ C$10.50
10/29/2020ScotiabankSet Price TargetOutperformC$11.50
9/3/2020Raymond JamesSet Price TargetOutperformC$9.15
8/26/2020Raymond JamesSet Price TargetOutperformC$9.15
8/6/2020National Bank FinancialReiterated RatingOutperformC$9.00
8/6/2020Raymond JamesBoost Price TargetOutperformC$8.50 ➝ C$9.15
7/16/2020National Bank FinancialSet Price TargetOutperformC$7.25
7/9/2020Raymond JamesBoost Price TargetOutperformC$5.90 ➝ C$8.50
7/9/2020National Bank FinancialBoost Price TargetOutperformC$5.00 ➝ C$7.25
7/2/2020National Bank FinancialBoost Price TargetOutperformC$4.75 ➝ C$5.00
6/4/2020Raymond JamesBoost Price TargetOutperformC$4.90 ➝ C$5.40
6/4/2020Eight CapitalBoost Price TargetC$4.50 ➝ C$5.50
5/29/2020Raymond JamesSet Price TargetOutperformC$4.90
5/1/2020Raymond JamesSet Price TargetOutperformC$4.90
4/24/2020Raymond JamesSet Price TargetOutperformC$4.90
4/20/2020Stifel NicolausReiterated RatingBuyC$6.00
4/9/2020Raymond JamesBoost Price TargetOutperformC$4.70 ➝ C$4.90
4/9/2020National Bank FinancialBoost Price TargetOutperformC$4.00 ➝ C$4.75
4/2/2020Raymond JamesReiterated RatingOutperformC$4.70
2/27/2020National Bank FinancialReiterated RatingOutperformC$4.00
2/7/2020National Bank FinancialSet Price TargetOutperformC$4.25
12/31/2019National Bank FinancialReiterated RatingOutperformC$4.25
(Data available from 1/18/2017 forward)

News Sentiment Rating

0.20 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/22/2021
  • 1 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
7/22/2021
  • 1 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/21/2021
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/20/2021
  • 1 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/20/2021
  • 1 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/19/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/19/2021
  • 1 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
1/18/2022

Current Sentiment

  • 1 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Goodfood Market logo
Goodfood Market Corp., an online grocery company, delivers fresh meals and grocery products in Canada. The company offers ready-to-eat and breakfast meals, which include ready-to-blend smoothies and other breakfast items, prepared meals, cooked meats and sides, and salads and soups; and private-label grocery items in various categories, such as bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, and kitchen essentials, as well as olive oil, juice, and chocolate cookies. It also offers Yumm, a value meal kit for cost-focused customers. The company offers its products through makegoodfood.ca and goodfoodmarket.ca domain names. As of August 31, 2020, it had approximately 280,000 active subscribers. Goodfood Market Corp. is headquartered in Saint-Laurent, Canada.
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Today's Range

Now: C$3.68
Low: C$3.60
High: C$3.81

50 Day Range

MA: C$4.45
Low: C$3.53
High: C$7.20

52 Week Range

Now: C$3.68
Low: C$3.37
High: C$14.72

Volume

325,730 shs

Average Volume

354,400 shs

Market Capitalization

C$274.70 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Goodfood Market?

The following equities research analysts have issued research reports on Goodfood Market in the last twelve months: Acumen Capital, BMO Capital Markets, Canaccord Genuity Group Inc., Eight Capital, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and Scotiabank.
View the latest analyst ratings for FOOD.

What is the current price target for Goodfood Market?

9 Wall Street analysts have set twelve-month price targets for Goodfood Market in the last year. Their average twelve-month price target is C$6.31, suggesting a possible upside of 71.3%. BMO Capital Markets has the highest price target set, predicting FOOD will reach C$14.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of C$4.00 for Goodfood Market in the next year.
View the latest price targets for FOOD.

What is the current consensus analyst rating for Goodfood Market?

Goodfood Market currently has 5 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FOOD, but not buy more shares or sell existing shares.
View the latest ratings for FOOD.

What other companies compete with Goodfood Market?

How do I contact Goodfood Market's investor relations team?

The company's listed phone number is 1(855) 515-5191. The official website for Goodfood Market is www.makegoodfood.ca.