Yesway (NASDAQ:YSWY) Rating Increased to Hold at The Goldman Sachs Group

Yesway (NASDAQ:YSWY) was upgraded by equities researchers at The Goldman Sachs Group to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Other equities analysts have also recently issued research reports about the stock. Guggenheim began coverage on shares of Yesway in a research report on Monday. They set a “buy” rating and a $30.00 price objective for the company. Raymond James Financial began coverage on shares of Yesway in a research report on Monday. They set an “outperform” rating and a $30.00 price objective for the company. Morgan Stanley began coverage on shares of Yesway in a research report on Monday. They set an “equal weight” rating and a $28.00 price objective for the company. Barclays began coverage on shares of Yesway in a research report on Monday. They set an “overweight” rating and a $31.00 price objective for the company. Finally, KeyCorp began coverage on shares of Yesway in a research report on Monday. They set an “overweight” rating and a $31.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $29.63.

Yesway Stock Down 2.2%

Shares of NASDAQ YSWY opened at $25.28 on Monday. Yesway has a 1 year low of $20.02 and a 1 year high of $29.08.

About Yesway

Yesway, traded on NASDAQ under the ticker YSWY, is a U.S.-based convenience store and fuel retail company that operates retail locations under the Yesway brand. The company’s core business is the operation of neighborhood convenience stores that provide quick-purchase retail items, on-site prepared foods, beverages and other convenience merchandise. Many locations also feature fuel dispensing, making Yesway a combined convenience and gasoline retailer for everyday consumers and motorists.

Yesway’s stores focus on high-turnover product categories typical of the convenience-retail sector, including snacks, cold beverages, coffee, single-serve and prepared food offerings, and commonly purchased household items.