Vetr Inc. announced SYSCO Corporation (NYSE:SYY), boosting its stock price target to $50.83 today
- Updated: September 17, 2016
Indicating a possible downside of -0.04%, Vetr Inc. bumped the target price of SYSCO Corporation (NYSE:SYY) to $51.
Previously on 7/18/2016, Deutsche Bank released a statement on SYSCO Corporation(NYSE:SYY) bumped the target price from $0.00 to $52.00. At the time, this indicated a possible upside of 0.00%.
Only yesterday SYSCO Corporation (NYSE:SYY) traded 0.40% lower at $52.92. SYSCO Corporation’s 50-day average is $52.01 and its 200-day average is $49.09. The last stock price close is up 0.59% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. 4,417,319 shares of SYSCO Corporation traded, up from ann average volume of 3,577,900.
Recent Performance Chart:
SYSCO Corporation has a price-earnings of 30 with a 52 week low of $38.34 and a one-year high of $53.97 and has a market capitalization of $0.0.
Also covering SYSCO Corporation’s stock price target, a total of 10 firms have issued a research note on the stock. The consensus target is $47.90 with two analysts rating the stock a strong buy, two analysts rating the company a buy, seven analyts rating the stock a hold, two firms rating the stock to underperform, and lastly two analystsrating the stock as sell.
About SYSCO Corporation (NYSE:SYY)
Sysco Corporation (Sysco) along with its subsidiaries and divisions, is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425, 000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. The Company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are the main segments. Broadline operating companies distribute a line of food products and a variety of non-food products to their customers. SYGMA operating companies distribute a line of food products and a variety of non-food products to chain restaurant customer locations. The Company’s other segments include its specialty produce, and custom-cut meat and lodging industry products segments.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.