US Foods (NYSE:USFD) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

US Foods (NYSE:USFD) had its price target raised by Jefferies Financial Group from $79.00 to $82.00 in a report released on Monday,Benzinga reports. Jefferies Financial Group currently has a buy rating on the stock.

A number of other equities analysts also recently commented on the stock. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. raised their price target on shares of US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Piper Sandler lifted their price objective on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. UBS Group increased their target price on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, Truist Financial boosted their price target on US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, US Foods presently has a consensus rating of “Buy” and a consensus price target of $72.09.

US Foods Stock Performance

Shares of NYSE USFD opened at $68.98 on Monday. US Foods has a one year low of $43.42 and a one year high of $72.84. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The business has a fifty day simple moving average of $65.71 and a 200 day simple moving average of $59.18. The firm has a market capitalization of $16.07 billion, a price-to-earnings ratio of 29.61, a PEG ratio of 1.15 and a beta of 1.68.

Hedge Funds Weigh In On US Foods

Institutional investors have recently bought and sold shares of the business. Public Sector Pension Investment Board increased its stake in shares of US Foods by 100.2% in the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock valued at $369,000 after buying an additional 2,500,000 shares in the last quarter. Wellington Management Group LLP grew its holdings in US Foods by 25.2% during the 3rd quarter. Wellington Management Group LLP now owns 12,106,472 shares of the company’s stock worth $744,548,000 after acquiring an additional 2,435,357 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in US Foods by 46.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,550,945 shares of the company’s stock valued at $347,069,000 after acquiring an additional 2,064,321 shares in the last quarter. Congress Asset Management Co. bought a new position in shares of US Foods in the third quarter worth about $121,196,000. Finally, Interval Partners LP lifted its position in shares of US Foods by 371.2% during the second quarter. Interval Partners LP now owns 1,866,842 shares of the company’s stock worth $98,905,000 after purchasing an additional 1,470,630 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

US Foods Company Profile

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.