Impact of Brokerage Rating on Performance Food Group Company(PFGC)

Many Performance Food Group Company(PFGC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Performance Food Group Co was Initiated by RBC Capital Mkts on Jan 25, 2017 to Sector Perform, Price Target of the shares are set at $24.Performance Food Group Co was Downgraded by Barclays on Jan 24, 2017 to Equal Weight, Lowers Price Target to $ 25 from a previous price target of $28 .Performance Food Group Co was Initiated by Goldman to Buy on Dec 9, 2016.

Company has reported several Insider transactions to the SEC, on Nov 22, 2016, James D Hope (officer ) purchased 9,600 shares at 22.76 per share price.On Nov 15, 2016, David E Flitman (officer ) purchased 46,700 shares at 24.34 per share price.On Oct 8, 2015, William F Jr Dawson (director 10% owner) sold 444,265 shares at 17.95 per share price.

Performance Food Group Co Last issued its quarterly earnings results on Feb 8, 2017. The company reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.28. The company had revenue of $4051.80 million for the quarter, compared to analysts expectations of $4075.15 million. The companys revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

Performance Food Group Company (NYSE:PFGC) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.6 by 5 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.

Performance Food Group Company (NYSE:PFGC): The stock price is expected to reach $ 24.6 in the short term. The number of analysts agreeing with this consensus is 5. The higher estimate for the short term price target is at $28 while the lower estimate is at $21. The standard deviation of the price stands at $2.51.

Performance Food Group Company (NYSE:PFGC) rose 0.43% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $23.45 the stock was seen hitting $23.65 as a peak level and $23.2 as the lowest level. The stock ended up at $23.6. The daily volume was measured at 704,165 shares. The 52-week high of the share price is $28.13 and the 52-week low is $19.95. The company has a market cap of $2,444 million.

Performance Food Group Company markets and distributes food and food-related products. Its operating segment consists of Foodservice, Vistar, and PFG Customized. Foodservice segment offers appetizers and soups, beverages, canned and dry foods, cheese, dairy products and eggs, desserts and breads, dressing sauces and oils, non-foods, pizzas and pastas, prepared foods, produce and vegetables and seafood products. Vistar segment offers candies, gum and mints, snacks, cold beverages, frozen products, coffees, ice creams, frozen and refrigerated entrees, disposables, cleaners and more. PFG Customized segment offers seafood, meats, produce, dairy products and smallwares. The company serves independent and national chain restaurants, quick-service eateries, pizzerias, theaters, schools, hotels, healthcare facilities and other institutions. Performance Food Group Company is headquartered in Richmond, Virginia.

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