The Chefs' Warehouse, Inc (CHEF) Management Meeting Shows Long Term Trends Intact - Piper Sandler

January 15, 2020 7:54 AM EST
Get Alerts CHEF Hot Sheet
Price: $32.12 +2.39%

Rating Summary:
    8 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 9 | New: 25
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Piper Sandler analyst Nicole Miller Regan reiterated an Overweight rating and $41.00 price target on The Chefs' Warehouse, Inc (NASDAQ: CHEF) after meeting with management (CEO and CFO) at the annual ICR XChange conference.

The analyst stated "Longer-term, the company is on-track to generate $2+ billion in sales and adjusted EBITDA of$115-$125 million over the next 2-3 years and approximately $5 billion in sales and $300-$350 million over the next 5-10 years" however, no commentary on immediate trends were discussed.

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 $38.52 yesterday.

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Nicole Miller Regan