In a report released today, Christopher Mandeville from Jefferies reiterated a Hold rating on Sysco Corp (NYSE: SYY), with a price target of $68. The company’s shares opened today at $72.75, close to its 52-week high of $74.05.
According to TipRanks.com, Mandeville is a 3-star analyst with an average return of 6.3% and a 60.5% success rate. Mandeville covers the Services sector, focusing on stocks such as Core-Mark Holding Company, Performance Food Group, and US Food Holdings Corp.
Sysco Corp has an analyst consensus of Hold, with a price target consensus of $68.67.
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The company has a one-year high of $74.05 and a one-year low of $50.05. Currently, Sysco Corp has an average volume of 2.18M.
Based on the recent corporate insider activity of 165 insiders, corporate insider sentiment is negative on the stock.
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Sysco Corp. engages in selling, marketing, and distribution of food products to restaurants, healthcare and educational facilities, and lodging establishments. It operates through the following segments: U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other.
