Wells Fargo Keeps Their Buy Rating on Performance Food Group (PFGC)


Wells Fargo analyst Edward Kelly maintained a Buy rating on Performance Food Group (PFGC) on December 6. The company’s shares closed last Monday at $47.22, close to its 52-week high of $47.67.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 7.3% and a 68.0% success rate. Kelly covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, United Natural Foods, and US Food Holdings.

Currently, the analyst consensus on Performance Food Group is a Strong Buy with an average price target of $60.33.

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Performance Food Group’s market cap is currently $5.53B and has a P/E ratio of 28.45. The company has a Price to Book ratio of 3.69.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PFGC in relation to earlier this year.

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.

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