Wells Fargo Sticks to Their Buy Rating for Performance Food Group (PFGC)

By Jason Carr

In a report released today, Edward Kelly from Wells Fargo maintained a Buy rating on Performance Food Group (PFGCResearch Report). The company’s shares closed yesterday at $33.35.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 6.3% and a 65.4% success rate. Kelly covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, United Natural Foods, and Sprouts Farmers.

Performance Food Group has an analyst consensus of Moderate Buy, with a price target consensus of $35.75.

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Performance Food Group’s market cap is currently $3.46B and has a P/E ratio of 17.12. The company has a Price to Book ratio of 2.97.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock.

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Performance Food Group Co. engages in the market and distribution of food products. It operates its business through the following segments: Performance Foodservice; PFG Customized; Vistar; and Corporate and All Other.