US Foods (NASDAQ:USFD)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a report issued on Monday. They presently have a $27.00 target price on the stock, down from their prior target price of $30.00. Citigroup Inc.’s target price would indicate a potential upside of 15.78% from the stock’s previous close.

Several other research analysts have also issued reports on the stock. Zacks Investment Research upgraded shares of US Foods from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Tuesday, August 23rd. Guggenheim started coverage on shares of US Foods in a research note on Tuesday, June 21st. They issued a “buy” rating for the company. Wells Fargo & Co. started coverage on shares of US Foods in a research note on Monday, June 20th. They issued an “outperform” rating and a $26.50 price target for the company. Credit Suisse Group AG started coverage on shares of US Foods in a research note on Monday, June 20th. They issued an “outperform” rating and a $29.00 price target for the company. Finally, Deutsche Bank AG started coverage on shares of US Foods in a research note on Monday, June 20th. They issued a “buy” rating and a $28.00 price target for the company. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $27.18.

Analyst Recommendations for US Foods (NASDAQ:USFD)

Shares of US Foods (NASDAQ:USFD) traded down 0.09% on Monday, hitting $23.32. 321,857 shares of the stock were exchanged. The company’s market cap is $5.14 billion. The company has a 50-day moving average price of $23.87 and a 200 day moving average price of $24.26. US Foods has a 12 month low of $22.51 and a 12 month high of $25.83.

US Foods (NASDAQ:USFD) last issued its quarterly earnings data on Tuesday, August 9th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.42. The business had revenue of $5.81 million for the quarter, compared to analyst estimates of $5.84 million. US Foods’s revenue for the quarter was down .6% compared to the same quarter last year. Equities analysts forecast that US Foods will post $1.30 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in the stock. Kohlberg Kravis Roberts & Co. L.P. acquired a new position in US Foods during the second quarter worth about $2,020,000,000. Eminence Capital LP acquired a new position in US Foods during the second quarter worth about $121,624,000. Citadel Advisors LLC acquired a new position in US Foods during the second quarter worth about $109,558,000. Neuberger Berman Group LLC acquired a new position in US Foods during the second quarter worth about $80,659,000. Finally, TIAA CREF Investment Management LLC acquired a new position in US Foods during the second quarter worth about $72,771,000.

US Foods Company Profile

US Foods Holding Corp. is a holding company. The Company, through its subsidiary, US Foods, Inc (USF), is involved in marketing and distributing fresh, frozen and dry food, and non-food products to foodservice customers across the United States. The Company serves various customers, which include national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.

5 Day Chart for NASDAQ:USFD

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