The Chefs Warehouse, Inc (NASDAQ:CHEF) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Zacks Investment Research has downgraded The Chefs Warehouse, Inc (NASDAQ:CHEF) to Sell in a statement released on 11/29/2016.
On Monday February 08, 2016, Jefferies & Co released a statement on The Chefs Warehouse, Inc (NASDAQ:CHEF) upped the target price from $0.00 to $20.00 that suggested an upside of 0.51%.
Having a price of $13.20, The Chefs Warehouse, Inc (NASDAQ:CHEF) traded -0.75% lower on the day. The last stock close price is down -1.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $12.30 and a 200-day moving average of $13.39. 111,788 shares of the stock were exchanged, down from an average trading volume of 150,645
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The Chefs Warehouse, Inc has a 52 week low of $10.31 and a 52 week high of $20.79 with a P/E ratio of 628.57 The company’s market cap is currently $0.
About The Chefs Warehouse, Inc (NASDAQ:CHEF)
The Chefs' Warehouse, Inc. is a distributor of specialty food products in the United States and Canada. The Company operates through food product distribution segment, which is concentrated on the East and West Coasts of the United States. It is focused on serving the specific needs of chefs owning and/or operating some of the menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores in the United States and Canada. Its product portfolio includes over 34,000 stock-keeping units (SKUs) from approximately 1,700 different suppliers. Its product portfolio consists of imported and domestic specialty food products, such as artisan charcuterie, specialty cheeses, oils and vinegars, truffles, caviar, chocolate and pastry products. The Company also offers a line of center-of-the-plate products, including custom cut beef, seafood and hormone-free poultry.
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