UPDATE: KeyBanc Starts J&J Snack Foods (JJSF) at Sector Weight

March 27, 2018 4:11 PM EDT
Get Alerts JJSF Hot Sheet
Price: $148.40 +0.75%

Rating Summary:
    4 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 18 | New: 32
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(Updated - March 28, 2018 3:56 AM EDT)

(updated to add analyst comment)

KeyBanc initiates coverage on J&J Snack Foods (NASDAQ: JJSF) with a Sector Weight rating.

Analyst David Carlson takes over coverage. The analyst comments "JJSF boasts an enviable track record of MSD revenue growth, roughly 2.5x the rate of growth among Packaged Foods peers. However, several cost headwinds have negated the margin benefit from accelerating sales trends; we believe several of these issues will continue, and when coupled with higher distribution costs, could hinder earnings growth the next couple quarters."

For an analyst ratings summary and ratings history on J&J Snack Foods click here. For more ratings news on J&J Snack Foods click here.

Shares of J&J Snack Foods closed at $135.18 yesterday.

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