Sysco Corporation found using ticker (SYY) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 107 and 84 calculating the mean target price we have 95.27. Now with the previous closing price of 86.29 this indicates there is a potential upside of 10.4%. The 50 day moving average now sits at 84.52 while the 200 day moving average is 81.13. The market capitalisation for the company is $43,942m. Company Website: https://www.sysco.com
The potential market cap would be $48,515m based on the market concensus.
Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen foods, such as meats, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of August 27, 2021, it operated 343 distribution facilities. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.
