In a report released yesterday, Jake Bartlett from Truist Financial maintained a Buy rating on US Foods Holding (USFD – Research Report), with a price target of $57.00. The company’s shares closed last Friday at $49.58.
Bartlett covers the Consumer Cyclical sector, focusing on stocks such as Shake Shack, Jack In The Box, and Carrols Restaurant Group. According to TipRanks, Bartlett has an average return of 20.9% and a 68.76% success rate on recommended stocks.
US Foods Holding has an analyst consensus of Strong Buy, with a price target consensus of $55.25, an 11.44% upside from current levels. In a report released on February 16, BMO Capital also maintained a Buy rating on the stock with a $58.00 price target.
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USFD market cap is currently $12.14B and has a P/E ratio of 24.83.
Based on the recent corporate insider activity of 56 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 USFD 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.
US Foods Holding (USFD) Company Description:
US Foods Holding Corp. operates as a foodservice distributor. Its products include frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef’s Line, del Pasado, Glenview Farms, Cattleman’s Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli. The company is headquartered in Rosemont, IL.
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