Yesway (NASDAQ:YSWY) Upgraded to Strong-Buy at Barclays

Barclays upgraded shares of Yesway (NASDAQ:YSWY) to a strong-buy rating in a research note published on Monday,Zacks.com reports.

A number of other research firms have also recently commented on YSWY. Guggenheim started coverage on Yesway in a research note on Monday. They set a “buy” rating and a $30.00 price target on the stock. Morgan Stanley started coverage on Yesway in a research note on Monday. They set an “equal weight” rating and a $28.00 price target on the stock. Wall Street Zen upgraded Yesway to a “hold” rating in a research note on Saturday, April 25th. BMO Capital Markets started coverage on Yesway in a research note on Monday. They set an “outperform” rating and a $30.00 price target on the stock. Finally, JPMorgan Chase & Co. started coverage on Yesway in a research note on Monday. They set a “neutral” rating and a $29.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Yesway currently has an average rating of “Buy” and an average target price of $29.63.

Yesway Stock Performance

Shares of Yesway stock opened at $25.28 on Monday. Yesway has a fifty-two week low of $20.02 and a fifty-two week 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.