US Foods Holding Corp (NASDAQ:USFD) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 12, 2016
Zacks Investment Research has downgraded US Foods Holding Corp (NASDAQ:USFD) to Hold in a report released on 10/12/2016.
Previously on Tuesday August 23, 2016, Zacks Investment Research reported about US Foods Holding Corp (NASDAQ:USFD) raised the target price from $0.00 to $28.00. At the time, this indicated a possible upside of 0.13%.
Yesterday US Foods Holding Corp (NASDAQ:USFD) traded -0.22% lower at $23.03. The company’s 50-day moving average is $23.77 and its 200-day moving average is $24.24. The last stock close price is down -5.19% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 296,938 shares of the stock were exchanged, down from an average trading volume of 747,645
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US Foods Holding Corp has a 52 week low of $22.51 and a 52 week high of $25.83 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is $27.83 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About US Foods Holding Corp (NASDAQ:USFD)
US Foods Holding Corp. is a holding company. The Company, through its subsidiary, US Foods, Inc. (USF), is involved in marketing and distributing fresh, frozen and dry food, and non-food products to foodservice customers across the United States. The Company serves various customers, which include national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations. The Company offers various categories of products under its own brands and trademarks, such as US Foods, Monarch, Monogram, del Pasado and Devonshire. It offers various products, such as Chef's Line Pat LaFrieda Angus Beef Burger, which is a beef patty developed by New York butcher Pat LaFrieda and features Angus short rib and chuck prepared with LaFrieda's chopped technology, and Chef's Line All Natural Ready-to-Cook Turkey Roast, which is a natural turkey breast developed with Butterball and DuPont Film.
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