US Foods (NYSE:USFD) Price Target Raised to $82.00 at Jefferies Financial Group

US Foods (NYSE:USFD - Free Report) had its price objective hoisted by Jefferies Financial Group from $79.00 to $82.00 in a research report sent to investors on Monday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Other analysts also recently issued reports about the company. UBS Group raised their target price on US Foods from $67.00 to $77.00 and gave the stock a "buy" rating in a research note on Friday, November 8th. Piper Sandler lifted their target price on shares of US Foods from $61.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, November 11th. JPMorgan Chase & Co. boosted their target price on shares of US Foods from $68.00 to $69.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Barclays raised their price target on shares of US Foods from $71.00 to $78.00 and gave the stock an "overweight" rating in a report on Friday, November 8th. Finally, Truist Financial upped their price objective on US Foods from $66.00 to $74.00 and gave the company a "buy" rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, US Foods has an average rating of "Buy" and a consensus price target of $72.09.

US Foods Price Performance

USFD traded down $0.52 on Monday, reaching $68.98. 1,727,384 shares of the company's stock were exchanged, compared to its average volume of 1,814,369. US Foods has a twelve month low of $43.42 and a twelve month high of $72.84. The stock has a market cap of $16.07 billion, a PE ratio of 29.61, a P/E/G ratio of 1.15 and a beta of 1.68. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The stock's fifty day moving average price is $65.71 and its 200-day moving average price is $59.18.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quent Capital LLC boosted its stake in shares of US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company's stock valued at $29,000 after buying an additional 219 shares during the period. Acadian Asset Management LLC purchased a new position in US Foods in the second quarter worth approximately $25,000. Ashton Thomas Securities LLC acquired a new position in US Foods during the 3rd quarter worth approximately $31,000. Huntington National Bank increased its position in shares of US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company's stock valued at $33,000 after purchasing an additional 409 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in shares of US Foods in the 3rd quarter valued at $34,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Company Profile

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.