SYSCO Corporation (NYSE:SYY) price target upped to $60.00, issued a ratings update earlier today by Zacks Investment Research
- Updated: December 1, 2016
Reporting a potential upside of 0.13%, Zacks Investment Research upped the price target of SYSCO Corporation (NYSE:SYY) to $60.00
Having a price of $53.33, SYSCO Corporation (NYSE:SYY) traded -0.91% lower on the day. With the last stock price up 4.56% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. SYY has recorded a 50-day average of $50.35 and a two hundred day average of $50.46. Trade Volume was down over the average, with 900,498 shares of SYY changing hands under the typical 3,925,480
Recent Performance Chart
SYSCO Corporation has PE ratio of 29.18 with a one year low of $38.84 and a one year high of $54.66 and has a market capitalization of $0.
A total of 10 brokerages have issued a ratings update on SYSCO Corporation. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, seven brokerages rating the company a hold, two brokerages rating the company a underperform, and finally two brokerages rating the company a sell with a 12-month price target of $47.90.
General Company Details For SYSCO Corporation (NYSE:SYY)
Sysco Corporation (Sysco) is a distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company's segments include Broadline, SYGMA and Other. The Broadline segment includes its Broadline operations located in the Bahamas, Canada, Costa Rica, Ireland, Mexico and the United States. Broadline operating companies distribute a full line of food products and a range of non-food products to both traditional and chain restaurant customers, hospitals, schools, hotels, industrial caterers and other venues where foodservice products are served. SYGMA operating companies distribute a full line of food products and a range of non-food products to certain chain restaurant customer locations. The Other segment includes the Company's specialty produce; custom-cut meat operations; lodging industry segments; a company that distributes specialty imported products; a company that distributes to international customers, and Sysco Ventures platform.
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