Sysco Corporation (SYY) Shares are Down -0.69%

Sysco Corporation (SYY) has risen sharply, recording gains of 0.64% in the past 4 weeks. However, the stock has corrected -0.69% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.85% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.18% and the fifty day Moving Average is 1.41%. Sysco Corporation is up 7.79% in the last three month period. Year-to-Date the stock performance stands at 29.77%.

Sysco Corporation (SYY) : The consensus price target for Sysco Corporation (SYY) is $52.14 for the short term with a standard deviation of $5.18. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $57, however, the pessimist price target for the company is $45.

Sysco

Sysco Corporation (NYSE:SYY): On Fridays trading session , Opening price of the stock was $52.52 with an intraday high of $52.71. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $51.9875. However, the stock managed to close at $52.12, a loss of 0.65% for the day. On the previous day, the stock had closed at $52.46. The total traded volume of the day was 2,437,694 shares.

Sysco Corporation (Sysco) along with its subsidiaries and divisions, is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. The Company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are the main segments. Broadline operating companies distribute a line of food products and a variety of non-food products to their customers. SYGMA operating companies distribute a line of food products and a variety of non-food products to chain restaurant customer locations. The Companys other segments include its specialty produce, custom-cut meat and lodging industry products segments.

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