Sysco Corporation with ticker code (SYY) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 100 and 80 with the average target price sitting at 91.38. With the stocks previous close at 86.06 this is indicating there is a potential upside of 6.2%. The 50 day MA is 79.41 and the 200 day moving average is 82.71. The market capitalisation for the company is $43,810m. Find out more information at: https://www.sysco.com
The potential market cap would be $46,518m 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.
