Top25-SA-Banner

Sysco Corp (SYY) Receives a Buy from Credit Suisse


In a report released yesterday, Judah Frommer from Credit Suisse maintained a Buy rating on Sysco Corp (SYY), with a price target of $75. The company’s shares closed yesterday at $66.81.

According to TipRanks.com, Frommer is a 3-star analyst with an average return of 4.3% and a 76.2% success rate. Frommer covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Sprouts Farmers, and Dollar General.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sysco Corp with a $71.33 average price target, representing a 6.8% upside. In a report issued on November 5, Wells Fargo also maintained a Buy rating on the stock with a $75 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $75.98 and a one-year low of $53.65. Currently, Sysco Corp has an average volume of 2.91M.

Based on the recent corporate insider activity of 157 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.