TOday’s Movers: US Foods Holding (USFD) Stock Rating Reaffirmed by Analysts at Morgan Stanley; $40 Target Price Indicates 16.65 % Potential

March 17, 2018 - By Winifred Garcia

 TOday’s Movers: US Foods Holding (USFD) Stock Rating Reaffirmed by Analysts at Morgan Stanley; $40 Target Price Indicates 16.65 % Potential

US Foods Holding (USFD) Rating Reaffirmed

Recently, In analysts report sent to clients and investors on 16 March, US Foods Holding (USFD) shares have had their Equal-Weight Rating reconfirmed by equity analysts at Morgan Stanley, who currently has a $40 target price on company. This target by Morgan Stanley means the possibile upside of 16.65 % from the current stock price.

US Foods Holding Corp. (NYSE:USFD) Ratings Coverage

Among 15 analysts covering US Foods Holding (USFD), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. US Foods Holding has $40.0 highest and $25 lowest target. $33.77’s average target is -1.52% below currents $34.29 stock price. US Foods Holding had 27 analyst reports since June 20, 2016 according to SRatingsIntel. Credit Suisse initiated US Foods Holding Corp. (NYSE:USFD) rating on Monday, June 20. Credit Suisse has “Outperform” rating and $29 target. On Thursday, August 10 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by BMO Capital Markets on Thursday, February 15 with “Hold”. JP Morgan initiated US Foods Holding Corp. (NYSE:USFD) rating on Monday, June 20. JP Morgan has “Overweight” rating and $27.50 target. Goldman Sachs initiated the shares of USFD in report on Monday, June 20 with “Neutral” rating. The firm earned “Buy” rating on Friday, March 16 by Bank of America. RBC Capital Markets maintained the shares of USFD in report on Friday, February 2 with “Buy” rating. On Friday, March 16 the stock rating was maintained by Wells Fargo with “Buy”. The company was maintained on Thursday, August 10 by Deutsche Bank. The company was initiated on Tuesday, June 21 by Guggenheim.

The stock increased 2.33% or $0.78 during the last trading session, reaching $34.29. About 3.05M shares traded or 9.67% up from the average. US Foods Holding Corp. (USFD) has 0.00% since March 17, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await US Foods Holding Corp. (NYSE:USFD) to report earnings on May, 8. They expect $0.31 EPS, up 82.35 % or $0.14 from last year’s $0.17 per share. USFD’s profit will be $66.78 million for 27.65 P/E if the $0.31 EPS becomes a reality. After $0.33 actual EPS reported by US Foods Holding Corp. for the previous quarter, Wall Street now forecasts -6.06 % negative EPS growth.

US Foods Holding Corp., through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice clients in the United States. The company has market cap of $7.39 billion. The Company’s clients include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations. It has a 17.41 P/E ratio. The firm was formerly known as USF Holding Corp. and changed its name to US Foods Holding Corp. in February 2016.

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