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

US Foods (NYSE:USFD) had its price target hoisted by equities research analysts at Jefferies Financial Group from $79.00 to $82.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 20.02% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Barclays increased their price target on 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 target price on shares of US Foods from $66.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, November 8th. StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Wells Fargo & Company raised their target price on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 18th. Finally, Piper Sandler boosted their price objective on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. One investment 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. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $72.09.

US Foods Trading Down 0.9 %

US Foods stock opened at $68.32 on Monday. US Foods has a one year low of $43.42 and a one year high of $72.84. The company’s fifty day moving average price is $65.71 and its two-hundred day moving average price is $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. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

Hedge Funds Weigh In On US Foods

A number of large investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new stake in shares of US Foods in the 2nd quarter valued at approximately $25,000. Quent Capital LLC raised its position in shares of US Foods by 87.6% in the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after purchasing an additional 219 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of US Foods during the 2nd quarter worth about $30,000. Ashton Thomas Securities LLC bought a new stake in shares of US Foods during the 3rd quarter worth about $31,000. Finally, Huntington National Bank boosted its holdings in shares of US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after acquiring an additional 409 shares during the period. Institutional investors own 98.76% of the company’s stock.

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.