Sysco Corporation (SYY) has an average broker rating of 2.48, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Sysco Corporation (SYY) : The most positive equity analysts on Sysco Corporation (SYY) expects the shares to touch $57, whereas, the least positive believes that the stock will trade at $45 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $52.14 with an expected fluctuation of $5.18 from the mean.
Shares of Sysco Corporation rose by 1.31% in the last five trading days and 1.23% for the last 4 weeks. Sysco Corporation is up 9.02% in the last 3-month period. Year-to-Date the stock performance stands at 31.39%. Sysco Corporation (NYSE:SYY): On Tuesdays trading session , Opening price of the stock was $53 with an intraday high of $53.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $52.735. However, the stock managed to close at $52.77, a loss of 0.28% for the day. On the previous day, the stock had closed at $52.92. The total traded volume of the day was 2,272,881 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.