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Wednesday, April 7, 2010 as of 11:14 AM ET

Supervalu

SuperValu or Supervalu is a name used by grocery chains in multiple countries:

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Supervalu Shares Slide On Goldman Sell Rating

Bruised shares of Supervalu took another hit early Monday, slipping 3% to $5.

96 after Goldman Sachs started coverage of the struggling supermarket chain with a sell rating. Goldman analyst Stephen Grambling estimates the stock is worth $5 over the next 12 months. This suggests the stock could fall another 16%. He expects Supervalu's gross margin and free cash flow will remain pressured. Grambling also believes Supervalu will struggle to grow volumes. Minnesota-based Supervalu, whose chains include Albertsons and Save-A-Lot, is trying to improve its price image to help bring more shoppers to its stores. Its shares are down 26% year-to-date, making the stock one of the top decliners on the S&P 500, which is up 11% since Jan. 1. Supervalu is being replaced in the S&P 500 Monday evening and will move to the S&P MidCap 400 Index.Copyright © 2012 MarketWatch, Inc....

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