Casey’s General (CASY) Receives a Buy from Jefferies

Jefferies analyst Brian Johnson CFA maintained a Buy rating on Casey’s General (CASYResearch Report) today and set a price target of $231.00. The company’s shares closed last Monday at $189.22.

According to TipRanks.com, CFA is ranked #7447 out of 7759 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Casey’s General with a $225.14 average price target.

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Based on Casey’s General’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $3.26 billion and net profit of $96.83 million. In comparison, last year the company earned revenue of $2.22 billion and had a net profit of $112 million.

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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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