Yesway, Inc. (NASDAQ:YSWY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Yesway, Inc. (NASDAQ:YSWY) have been assigned a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $29.1250.

Several analysts recently issued reports on the stock. Zacks Research raised shares of Yesway to a “hold” rating in a research note on Tuesday, May 19th. Barclays initiated coverage on shares of Yesway in a research note on Monday, May 18th. They issued an “overweight” rating and a $31.00 target price on the stock. BMO Capital Markets began coverage on Yesway in a report on Monday, May 18th. They set an “outperform” rating and a $30.00 target price on the stock. Wall Street Zen upgraded Yesway to a “hold” rating in a research report on Saturday, April 25th. Finally, JPMorgan Chase & Co. cut their price target on Yesway from $29.00 to $25.00 and set a “neutral” rating for the company in a report on Friday, June 5th.

Yesway Stock Up 0.1%

Shares of NASDAQ YSWY opened at $20.92 on Friday. The firm has a 50-day simple moving average of $21.03. Yesway has a 52 week low of $18.92 and a 52 week high of $29.08.

Yesway Company Profile

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.