Jefferies & Co upgraded Casey's General Stores (NASDAQ:CASY) from Hold to Buy in a report released today.
- Updated: September 29, 2016
Jefferies & Co has upgraded Casey's General Stores (NASDAQ:CASY) from Hold to Buy in a statement released on 09/30/2016.
On 09/23/2016, Barclays released a statement on Casey's General Stores (NASDAQ:CASY) upped the target price from $0.00 to $116.00 that suggested a downside of -0.03%.
Having a price of $115.09, Casey's General Stores (NASDAQ:CASY) traded -0.91% lower on the day. With the last close down -5.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Casey's General Stores has recorded a 50-day average of $125.99 and a two hundred day average of $121.27. Volume of trade was up over the average, with 644,638 shares of CASY changing hands over the typical 481,523
With a total market value of $0, Casey's General Stores has price-earnings ratio of 19.64 with a one year low of $98.80 and a one year high of $136.22 .
A total of 12 analysts have released a report on Casey's General Stores. Four analysts rating the company a strong buy, four analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $131.17.
More 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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