Chefs’ Warehouse (NASDAQ:CHEF) Stock Rating Upgraded by BidaskClub
Several other research analysts have also issued reports on CHEF. Zacks Investment Research raised Chefs’ Warehouse from a sell rating to a hold rating in a research report on Wednesday, September 11th. TheStreet raised Chefs’ Warehouse from a c+ rating to a b- rating in a research report on Friday, July 5th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of $37.10.
Shares of NASDAQ:CHEF opened at $41.20 on Friday. The business’s 50-day moving average is $38.22 and its 200 day moving average is $34.21. Chefs’ Warehouse has a 1 year low of $29.56 and a 1 year high of $42.06. The firm has a market capitalization of $1.22 billion, a P/E ratio of 52.82, a P/E/G ratio of 2.68 and a beta of 0.78. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.28 and a quick ratio of 1.40.
Institutional investors have recently bought and sold shares of the business. C M Bidwell & Associates Ltd. purchased a new stake in Chefs’ Warehouse during the 2nd quarter valued at about $45,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Chefs’ Warehouse by 57.0% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,160 shares of the company’s stock valued at $67,000 after purchasing an additional 784 shares during the last quarter. Aperio Group LLC purchased a new stake in Chefs’ Warehouse during the 2nd quarter valued at about $74,000. Avestar Capital LLC purchased a new stake in Chefs’ Warehouse during the 1st quarter valued at about $77,000. Finally, BNP Paribas Arbitrage SA grew its stake in Chefs’ Warehouse by 1,074.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,520 shares of the company’s stock valued at $140,000 after purchasing an additional 4,135 shares during the last quarter. Institutional investors and hedge funds own 83.68% of the company’s stock.
About Chefs’ Warehouse
The Chefs' Warehouse, Inc, together with its subsidiaries, distributes specialty food products in the United States and Canada. Its product portfolio includes approximately 55,000 stock-keeping units comprising specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products.
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