Sysco Corporation found using ticker (SYY) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 100 and 83 with the average target price sitting at 93.82. With the stocks previous close at 77.38 this indicates there is a potential upside of 21.2%. There is a 50 day moving average of 83.87 and the 200 day moving average is 82.24. The market capitalisation for the company is $37,918m. You can visit the company’s website by visiting: https://www.sysco.com
The potential market cap would be $45,974m 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 food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; dairy products; beverages; imported specialties; and fresh produce products. 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 July 2, 2022, it operated 333 distribution facilities. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.
