Name: Performance Food Group (NYSE:PFGC) Given Overweight Rating at Stephens
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Performance Food Group (NYSE:PFGC) Given Overweight Rating at Stephens

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Skip to main contentPosted by onStephens reaffirmed their overweight rating on shares of in a research report released on Thursday, Benzinga reports. Stephens currently has a $75.00 target price on the food distribution company’s stock.PFGC has been the subject of several other reports. UBS Group raised their price objective on shares of Performance Food Group from $76.00 to $82.00 and gave the stock a buy rating in a research report on Thursday, August 17th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Performance Food Group in a research report on Thursday, October 19th. They set a buy rating and a $80.00 price target for the company. StockNews.com assumed coverage on shares of Performance Food Group in a research report on Thursday, October 5th. They set a buy rating for the company. Barclays dropped their price target on shares of Performance Food Group from $76.00 to $66.00 and set an overweight rating for the company in a research report on Monday, October 23rd. Finally, Morgan Stanley dropped their price target on shares of Performance Food Group from $66.00 to $65.00 and set an equal weight rating for the company in a research report on Monday, October 16th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and an average target price of $75.00.Get Our Latest Report on PFGCPerformance Food Group stock opened at $60.14 on Thursday. Performance Food Group has a 12-month low of $52.32 and a 12-month high of $64.34. The stock has a market cap of $9.39 billion, a P/E ratio of 22.27, a PEG ratio of 0.80 and a beta of 1.36. The company has a 50-day moving average price of $58.15 and a 200 day moving average price of $58.96. The company has a current ratio of 1.77, a quick ratio of 0.75 and a debt-to-equity ratio of 1.10.Performance Food Group (NYSE:PFGC – Get Free Report) last released its quarterly earnings data on Wednesday, November 8th. The food distribution company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. Performance Food Group had a net margin of 0.73% and a return on equity of 16.86%. The firm had revenue of $14.94 billion during the quarter, compared to analysts’ expectations of $14.99 billion. Sell-side analysts anticipate that Performance Food Group will post 4.48 earnings per share for the current year.In related news, insider Patrick T. Hagerty sold 2,000 shares of the stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $55.62, for a total transaction of $111,240.00. Following the completion of the sale, the insider now owns 155,035 shares of the company’s stock, valued at approximately $8,623,046.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last quarter, insiders sold 6,000 shares of company stock valued at $353,400. 2.80% of the stock is currently owned by corporate insiders.Several large investors have recently bought and sold shares of the company. Loomis Sayles &amp; Co. L P grew its position in Performance Food Group by 1.2% in the third quarter. Loomis Sayles &amp; Co. L P now owns 377,111 shares of the food distribution company’s stock valued at $22,197,000 after acquiring an additional 4,543 shares in the last quarter. Deutsche Bank AG grew its position in Performance Food Group by 114.6% in the third quarter. Deutsche Bank AG now owns 28,839 shares of the food distribution company’s stock valued at $1,697,000 after acquiring an additional 15,401 shares in the last quarter. Citigroup Inc. grew its position in Performance Food Group by 116.8% in the third quarter. Citigroup Inc. now owns 35,585 shares of the food distribution company’s stock valued at $2,095,000 after acquiring an additional 19,170 shares in the last quarter. Liontrust Investment Partners LLP grew its position in Performance Food Group by 55.0% in the third quarter. Liontrust Investment Partners LLP now owns 548,379 shares of the food distribution company’s stock valued at $32,279,000 after acquiring an additional 194,535 shares in the last quarter. Finally, Mitsubishi UFJ Trust &amp; Banking Corp acquired a new stake in Performance Food Group in the third quarter valued at approximately $316,000. Institutional investors and hedge funds own 96.64% of the company’s stock.(Get Free Report)Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.Receive News &amp; Ratings for Performance Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Performance Food Group and related companies with MarketBeat.com's FREE daily email newsletter.Performance Food Group Given Overweight Rating at StephensIQE Trading Up 6%University Bancorp Stock Price Down 2.4%Crescent Point Energy Corp. 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Skip to main contentPosted by onStephens reaffirmed their overweight rating on shares of in a research report released on Thursday, Benzinga reports. Stephens currently has a $75.00 target price on the food distribution company’s stock.PFGC has been the subject of several other reports. UBS Group raised their price objective on shares of Performance Food Group from $76.00 to $82.00 and gave the stock a buy rating in a research report on Thursday, August 17th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Performance Food Group in a research report on Thursday, October 19th....

Performance Food Group (NYSE:PFGC) Given Overweight Rating at Stephens

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