Chefs' Warehouse (CHEF) Upgraded at BidaskClub
BidaskClub upgraded shares of Chefs' Warehouse (NASDAQ:CHEF) from a sell rating to a hold rating in a report issued on Wednesday morning.
CHEF has been the subject of several other research reports. Canaccord Genuity reaffirmed a buy rating and issued a $24.00 price target on shares of Chefs' Warehouse in a report on Monday, January 8th. Zacks Investment Research cut Chefs' Warehouse from a strong-buy rating to a hold rating in a report on Wednesday, October 25th. Jefferies Group reaffirmed a buy rating and issued a $23.00 price target on shares of Chefs' Warehouse in a report on Friday, November 10th. Loop Capital increased their price target on Chefs' Warehouse from $21.00 to $22.00 and gave the company a buy rating in a report on Friday, November 10th. Finally, BMO Capital Markets raised Chefs' Warehouse from a market perform rating to an outperform rating in a research note on Monday, November 13th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. Chefs' Warehouse presently has a consensus rating of Hold and an average target price of $20.00.
Chefs' Warehouse (CHEF) traded up $0.50 during trading hours on Wednesday, hitting $19.60. The company had a trading volume of 178,600 shares, compared to its average volume of 157,659. Chefs' Warehouse has a 12-month low of $11.85 and a 12-month high of $21.90. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.31 and a current ratio of 2.26. The firm has a market capitalization of $543.62, a PE ratio of 50.26, a PEG ratio of 1.50 and a beta of 1.02.
WARNING: This piece was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this piece on another site, it was stolen and republished in violation of international copyright & trademark laws. The legal version of this piece can be viewed at https://www.watchlistnews.com/chefs-warehouse-chef-upgraded-at-bidaskclub/1867940.html.
About Chefs' Warehouse
The Chefs’ Warehouse, Inc is a distributor of specialty food products in the United States and Canada. The Company operates through food product distribution segment, which is concentrated on the East and West Coasts of the United States. The Company is focused on serving the specific needs of chefs owning and/or operating some of the menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores in the United States and Canada.
Receive News & Ratings for Chefs' Warehouse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chefs' Warehouse and related companies with MarketBeat.com's FREE daily email newsletter.