tiprankstipranks
TipRanksStock Market NewsPFGC NewsPerformance Food Group (PFGC) Receives a Buy from Wells Fargo
Blurbs

Performance Food Group (PFGC) Receives a Buy from Wells Fargo

Wells Fargo analyst Edward Kelly maintained a Buy rating on Performance Food Group (PFGCResearch Report) on May 3. The company’s shares closed last Friday at $48.65.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 12.0% and a 67.4% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Bj’s Wholesale Club Holdings, and United Natural Foods.

Performance Food Group has an analyst consensus of Strong Buy, with a price target consensus of $63.50.

See the top stocks recommended by analysts >>

Performance Food Group’s market cap is currently $7.53B and has a P/E ratio of 183.86.

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PFGC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Performance Food Group Co. engages in the market and distribution of food products. It operates through the following segments: Foodservice, Vistar, and Corporate and All Other. The Foodservices segment delivers food and food-related products to independent restaurants, chain restaurants, and other institutional food-away-from-home locations. The Vistar segment offers candy, snack, and beverage to customers in the vending, office coffee services, theater, retail, and other channels. The Corporate and All Other segment comprises of the firm’s overhead and certain operations that are not considered separate reportable segments based on their size. The company was founded in 1987 and is headquartered in Richmond, VA.

Read More on PFGC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More