US Foods (NYSE:USFD) Price Target Raised to $82.00

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

Several other research analysts have also commented on USFD. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Piper Sandler lifted their target price on shares of US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Barclays boosted their target price on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Truist Financial raised their price target on shares of US Foods from $66.00 to $74.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. increased their price objective on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $67.08.

US Foods Trading Down 2.4 %

Shares of US Foods stock opened at $66.72 on Monday. US Foods has a 1-year low of $43.82 and a 1-year high of $72.84. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The stock has a market cap of $15.54 billion, a P/E ratio of 28.64, a P/E/G ratio of 1.15 and a beta of 1.68. The stock’s 50 day simple moving average is $65.84 and its 200-day simple moving average is $59.29.

Hedge Funds Weigh In On US Foods

Several institutional investors have recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new position in shares of US Foods in the second quarter valued at approximately $25,000. Quent Capital LLC grew its stake in shares of US Foods by 87.6% in the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after acquiring an additional 219 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of US Foods during the second quarter worth $30,000. Ashton Thomas Securities LLC acquired a new stake in shares of US Foods in the third quarter valued at $31,000. Finally, Huntington National Bank boosted its holdings in US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after purchasing an additional 409 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

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.