.png "Performance Food Group (NYSE: PFGC)")
After Wells Fargo and Loop Capital Markets gave Performance Food Group (NYSE: PFGC) a Buy rating last month, the company received another Buy, this time from BMO Capital. Analyst Kelly Bania maintained a Buy rating on Performance Food Group today and set a price target of $38. The company’s shares opened today at $32.90.
According to TipRanks.com, Bania is a 1-star analyst with an average return of -1.8% and a 49.4% success rate. Bania covers the Services sector, focusing on stocks such as Core-Mark Holding Company, The Chefs’ Warehouse, and United Natural Foods.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Performance Food Group with a $41.75 average price target, representing a 26.9% upside. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $44 price target.
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Based on Performance Food Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $64.4 million. In comparison, last year the company had a net profit of $40.4 million.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock.
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Performance Food Group Co. engages in the market and distribution of food products. It operates its business through the following segments: Performance Foodservice; PFG Customized; Vistar; and Corporate and All Other.
