US Foods (NYSE:USFD) Given New $82.00 Price Target at Jefferies Financial Group

US Foods (NYSE:USFD) had its price target lifted by stock analysts at Jefferies Financial Group from $79.00 to $82.00 in a report released on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 20.02% from the stock’s previous close.

USFD has been the subject of several other research reports. Piper Sandler increased their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. Barclays raised their target price on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Wells Fargo & Company raised their price target on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, September 18th. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Finally, Truist Financial boosted their target price 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. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $72.09.

US Foods Stock Performance

NYSE USFD opened at $68.32 on Monday. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. US Foods has a twelve month low of $43.42 and a twelve month high of $72.84. The stock has a fifty day simple moving average of $65.71 and a 200 day simple moving average of $59.18. The company has a market capitalization of $15.91 billion, a price-to-earnings ratio of 29.31, a PEG ratio of 1.15 and a beta of 1.68.

Institutional Investors Weigh In On US Foods

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC increased its position in US Foods by 340.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 38,855 shares of the company’s stock worth $2,059,000 after buying an additional 30,030 shares during the period. Fifth Third Bancorp increased its position in US Foods by 41.3% during the second quarter. Fifth Third Bancorp now owns 2,293 shares of the company’s stock worth $121,000 after acquiring an additional 670 shares during the period. Fifth Third Wealth Advisors LLC bought a new stake in US Foods in the 2nd quarter valued at $364,000. &PARTNERS bought a new stake in US Foods in the 2nd quarter valued at $368,000. Finally, Highland Capital Management LLC grew its position in US Foods by 10.6% in the 2nd quarter. Highland Capital Management LLC now owns 4,370 shares of the company’s stock worth $232,000 after purchasing an additional 419 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

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.