US Foods (NYSE:USFD) Price Target Raised to $82.00 at Jefferies Financial Group

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

A number of other research firms also recently weighed in on USFD. JPMorgan Chase & Co. upped 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. Barclays upped their target price on US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Wells Fargo & Company increased their price objective on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, September 18th. Finally, Piper Sandler raised their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $72.09.

US Foods Stock Performance

Shares of USFD opened at $68.98 on Monday. The company has a market capitalization of $16.07 billion, a PE ratio of 29.61, a PEG ratio of 1.15 and a beta of 1.68. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. The company’s 50 day moving average price is $65.71 and its 200 day moving average price is $59.18. US Foods has a 52 week low of $43.42 and a 52 week high of $72.84.

Hedge Funds Weigh In On US Foods

A number of institutional investors have recently made changes to their positions in the business. Retirement Systems of Alabama boosted its position in shares of US Foods by 5.4% in the third quarter. Retirement Systems of Alabama now owns 348,979 shares of the company’s stock valued at $21,462,000 after acquiring an additional 17,897 shares during the period. Tidal Investments LLC raised its stake in US Foods by 105.4% during the 3rd quarter. Tidal Investments LLC now owns 13,652 shares of the company’s stock valued at $840,000 after purchasing an additional 7,004 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in US Foods in the 3rd quarter valued at $83,000. Sanctuary Advisors LLC grew its position in US Foods by 107.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 14,283 shares of the company’s stock worth $878,000 after purchasing an additional 7,409 shares during the last quarter. Finally, SkyView Investment Advisors LLC increased its holdings in shares of US Foods by 2.1% during the 3rd quarter. SkyView Investment Advisors LLC now owns 18,979 shares of the company’s stock worth $1,167,000 after purchasing an additional 382 shares during the period. 98.76% of the stock is currently owned by institutional investors.

About US Foods

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.