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A statement released earlier today by Barclays Capital about Casey's General Stores (NASDAQ:CASY) bumps the target price to $116.00

Casey's General Stores (NASDAQ:CASY) had its target price raised to $116.00 by Barclays Capital in an issued report announced Friday September 23, 2016. The latest stock price target indicates a possible downside of -0.03% based on the company's most recent stock price close.

Boasting a price of $119.70, Casey's General Stores (NASDAQ:CASY) traded -1.47% lower on the day. With the last close down -2.50% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $127.96 and a 200-day moving average of $120.97. 621,255 shares of CASY traded hands, up from an average trading volume of 557,003

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Casey's General Stores (NASDAQ:CASY)

Casey's General Stores has 52 week low of $98.80 and a 52 week high of $136.22 with a PE ratio of 20.12 and has a market capitalization of $0.

A total of 12 analysts have released a research note on CASY. Four analysts rating the company a strong buy, four analysts rating the company a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $131.17.

About Casey's General Stores (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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