Canaccord Genuity Maintains a 'Buy' on The Chefs' Warehouse (CHEF); Update on Earnings Outlook and New CFO
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Price: $20.91 +0.14%
Rating Summary:
5 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
5 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade CHEF Now!
Canaccord Genuity maintains a 'Buy' on The Chefs' Warehouse, Inc (NASDAQ: CHEF) price target of $24.00.
Analyst, Scott Van Winkle, said, "We expect that CHEF will deliver an EPS CAGR approaching 20% over the next few years, and believe the company has considerable geographic growth and consolidation opportunities to enhance strong organic growth within its existing markets."
On CFO appointment: "We view the change as a natural maturation of the company as Mr. Austin has experience as a CFO of a larger former public food service distribution company with considerable M&A experience as well."
For an analyst ratings summary and ratings history on The Chefs' Warehouse, Inc click here. For more ratings news on The Chefs' Warehouse, Inc click here.
Shares of The Chefs' Warehouse, Inc closed at $19.28 yesterday, with a 52 week range of $11.32-$27.26.
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Analyst, Scott Van Winkle, said, "We expect that CHEF will deliver an EPS CAGR approaching 20% over the next few years, and believe the company has considerable geographic growth and consolidation opportunities to enhance strong organic growth within its existing markets."
On CFO appointment: "We view the change as a natural maturation of the company as Mr. Austin has experience as a CFO of a larger former public food service distribution company with considerable M&A experience as well."
For an analyst ratings summary and ratings history on The Chefs' Warehouse, Inc click here. For more ratings news on The Chefs' Warehouse, Inc click here.
Shares of The Chefs' Warehouse, Inc closed at $19.28 yesterday, with a 52 week range of $11.32-$27.26.
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