Sysco Corporation with ticker code (SYY) now have 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 97 and 80 calculating the average target price we see 89.36. Given that the stocks previous close was at 79.75 this would indicate that there is a potential upside of 12.1%. The 50 day moving average now sits at 80.76 and the 200 moving average now moves to 77.83. The company has a market cap of $41,648m. Find out more information at: https://www.sysco.com
The potential market cap would be $46,667m 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, luding paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which lude 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 orporated in 1969 and is headquartered in Houston, Texas.
