Casey's General Stores Inc (NASDAQ:CASY) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 29, 2016
Yesterday Casey's General Stores Inc (NASDAQ:CASY) traded -0.37% lower at $122.56. The company’s 50-day moving average is $117.10 and its 200-day moving average is $123.19. The last closing price is down -0.51% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 325,263 shares of the stock traded hands, down from an average trading volume of 522,614
Zacks Investment Research has upgraded Casey's General Stores Inc (NASDAQ:CASY) to Hold in a report released on 11/29/2016.
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Casey's General Stores Inc has a 52 week low of $98.80 and a 52 week high of $136.22 with a P/E ratio of 20.91 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $131.17 with 4 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Casey's General Stores Inc (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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