The Chefs Warehouse, Inc (NASDAQ:CHEF) target price raised to $12.00, reported today by Barclays PLC
- Updated: September 23, 2016
Yesterday The Chefs Warehouse, Inc (NASDAQ:CHEF) traded -0.75% lower at $11.97. The company’s 50-day moving average is $11.44 and its 200-day moving average is $15.82. The last closing price is down -24.91% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 5,602 shares of CHEF traded hands, down from an avg. volume of 171,088
The Chefs Warehouse, Inc (NASDAQ:CHEF) had its stock price target increased to $12.00 by Barclays PLC in a report issued Friday September 23, 2016. The updated stock price target implies consistent performance relative to the company's last closing price.
Previously on 07/08/2015, JP Morgan reported on The Chefs Warehouse, Inc (NASDAQ:CHEF) raised the target price from $20.00 to $22.00. At the time, this indicated a possible upside of 0.11%.
With a total market value of $0, The Chefs Warehouse, Inc has price-earnings ratio of 69.47 with a one year low of $10.31 and a one year high of $20.79 .
More 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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