Sysco Corporation with ticker code (SYY) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 100 and 83 and has a mean target at 93.5. With the stocks previous close at 73.27 this would indicate that there is a potential upside of 27.6%. The day 50 moving average is 81.06 and the 200 day moving average is 82.22. The company has a market capitalisation of $36,583m. Find out more information at: https://www.sysco.com
The potential market cap would be $46,683m 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.
