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Casey’s General (CASY) Receives a Buy from Deutsche Bank

In a report issued on June 6, Krisztina Katai from Deutsche Bank maintained a Buy rating on Casey’s General (CASYResearch Report), with a price target of $259.00. The company’s shares closed last Thursday at $183.84.

According to TipRanks.com, Katai is a 1-star analyst with an average return of -5.4% and a 46.8% success rate. Katai covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Grocery Outlet Holding, and Albertsons Companies.

Casey’s General has an analyst consensus of Moderate Buy, with a price target consensus of $235.14, which is a 27.9% upside from current levels. In a report issued on May 25, Wells Fargo also initiated coverage with a Buy rating on the stock with a $240.00 price target.

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Casey’s General’s market cap is currently $6.82B and has a P/E ratio of 20.21.

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Casey’s General Stores, Inc. engages in the management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. The company was founded by Donald F. Lamberti in 1959 and is headquartered in Ankeny, IA.

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