Once Upon A Farm (NYSE:OFRM) Earns Buy Rating from Analysts at The Goldman Sachs Group

The Goldman Sachs Group began coverage on shares of Once Upon A Farm (NYSE:OFRM) in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage issued a buy rating and a $43.00 price objective on the organic kids food company’s stock.

A number of other equities research analysts also recently commented on OFRM. Wall Street Zen raised shares of Once Upon A Farm to a “hold” rating in a research report on Saturday, February 14th. TD Cowen initiated coverage on Once Upon A Farm in a report on Tuesday. They issued a “hold” rating and a $26.00 price objective for the company. Oppenheimer assumed coverage on Once Upon A Farm in a report on Tuesday. They issued an “outperform” rating and a $35.00 target price on the stock. Zacks Research raised Once Upon A Farm to a “hold” rating in a research report on Wednesday, February 18th. Finally, Bank of America initiated coverage on shares of Once Upon A Farm in a research report on Tuesday. They set a “buy” rating and a $26.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $29.38.

Once Upon A Farm Price Performance

Shares of OFRM stock opened at $21.98 on Tuesday. Once Upon A Farm has a 52 week low of $20.11 and a 52 week high of $27.00.

Insider Buying and Selling

In other news, Director Walter E. Iv Robb purchased 5,555 shares of the stock in a transaction on Monday, February 9th. The shares were acquired at an average price of $18.00 per share, with a total value of $99,990.00. Following the completion of the acquisition, the director directly owned 145,970 shares of the company’s stock, valued at $2,627,460. This trade represents a 3.96% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

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.