Wells Fargo analyst Edward Kelly maintained a Buy rating on US Foods Holding (USFD – Research Report) today and set a price target of $60.00. The company’s shares closed yesterday at $54.18.
According to TipRanks, Kelly is a 5-star analyst with an average return of 10.2% and a 64.17% success rate. Kelly covers the Consumer Defensive sector, focusing on stocks such as Kroger Company, Target, and Performance Food Group.
Currently, the analyst consensus on US Foods Holding is a Strong Buy with an average price target of $59.11, which is a 9.10% upside from current levels. In a report released on March 19, BTIG also reiterated a Buy rating on the stock with a $62.00 price target.
USFD market cap is currently $13.27B and has a P/E ratio of 27.14.
Based on the recent corporate insider activity of 53 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.
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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.
