BMO Capital analyst Kelly Bania reiterated a Buy rating on The Chefs’ Warehouse yesterday and set a price target of $85.00.
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Kelly Bania has given his Buy rating due to a combination of factors that highlight The Chefs’ Warehouse’s strong performance and strategic growth initiatives. The company has shown accelerated business momentum in the third quarter of 2025, building on a robust first half of the year. Despite macroeconomic concerns, CHEF has successfully leveraged its past investments to drive operating leverage and exceed expectations in both top-line and bottom-line growth.
Additionally, CHEF’s recent acquisition of Italco in Denver is seen as a strategic move that aligns with its long-term growth plans. This acquisition is expected to contribute positively to the company’s revenue growth in the coming quarters. Bania also notes that CHEF’s focus on expanding into new markets and hiring additional sales representatives supports its growth trajectory. The company’s commitment to achieving its long-term EBITDA margin goals and its position as a leading small-cap idea in the consumer staples sector further reinforce the Buy rating.
In another report released today, Benchmark Co. also maintained a Buy rating on the stock with a $79.00 price target.