A report released today by Barclays about Casey's General (NASDAQ:CASY) ups the target price to $116.00
- Updated: September 23, 2016
Barclays bumped up the target of Casey's General (NASDAQ:CASY) to $116.00 stating a potential downside of -0.03%.
Boasting a price of $119.70, Casey's General (NASDAQ:CASY) traded 0.05% higher on the day. With the last stock price down -0.96% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day average of $128.35 and a two hundred day average of $120.86. Trading volume was up over the average, with 787,391 shares of CASY changing hands over the typical 558,277
With a total market value of $0, Casey's General has price-earnings ratio of 20.42 with a one year low of $98.80 and a one year high of $136.22 .
A total of 12 brokers have issued a report on Casey's General. 4 brokerages rating the company a strong buy, four firms rating the stock a buy, 4 firms rating the stock a hold, 0 analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a one year target of $131.17.
Brief Synopsis About Casey's General (NASDAQ:CASY)
Casey's General Stores, Inc. and its subsidiaries, operate convenience stores under the name Casey's General Store in approximately 10 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates approximately two stores selling primarily tobacco products. The stores carry a range of food, including freshly prepared foods such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items. The Company operates approximately 1,930 stores. It operates approximately two distribution centers, through which the Company supply grocery and general merchandise items to its stores. Its general store typically carries over 3,000 food and nonfood items. The Company's stores sell regional brands of dairy and bakery products, and approximately 90% of the stores offer beer. Its non-food items include tobacco products, health and beauty aids, school supplies, housewares, pet supplies, and automotive products.
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