In a report released yesterday, Karen Short from Barclays maintained a Hold rating on The Chefs’ Warehouse (CHEF), with a price target of $32. The company’s shares closed yesterday at $34.23.
According to TipRanks.com, Short is a 4-star analyst with an average return of 6.3% and a 60.0% success rate. Short covers the Services sector, focusing on stocks such as United Natural Foods, Vitamin Shoppe Inc, and Casey’s General.
Currently, the analyst consensus on The Chefs’ Warehouse is a Moderate Buy with an average price target of $41.
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The Chefs’ Warehouse’s market cap is currently $1.03B and has a P/E ratio of 48.91. The company has a Price to Book ratio of 3.44.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.
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The Chefs’ Warehouse, Inc. engages in the distribution of specialty food products. It focuses on serving the specific needs of chefs who own and operate some of the menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores. Its product portfolio includes artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate and pastry products. It also offer a line of center-of-the-plate products, including custom cut beef, seafood and hormone-free poultry, as well as broad line food products, such as cooking oils, butter, eggs, milk and flour. The company was founded by Christopher Pappas, John Pappas, and Dean Facatselis in 1985 and is headquartered in Ridgefield, CT.
