Yesway, Inc. (NASDAQ:YSWY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Yesway, Inc. (NASDAQ:YSWY) have received a consensus rating of “Moderate Buy” from the nine brokerages that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $29.1250.

YSWY has been the subject of a number of research reports. Barclays began coverage on shares of Yesway in a report on Monday, May 18th. They issued an “overweight” rating and a $31.00 price objective for the company. Guggenheim restated a “buy” rating on shares of Yesway in a research report on Wednesday, June 3rd. BMO Capital Markets initiated coverage on shares of Yesway in a report on Monday, May 18th. They set an “outperform” rating and a $30.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective on Yesway from $29.00 to $25.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Finally, Wall Street Zen raised Yesway to a “hold” rating in a report on Saturday, April 25th.

Yesway Stock Up 6.1%

Shares of YSWY stock opened at $25.15 on Friday. Yesway has a 12 month low of $19.61 and a 12 month high of $29.08.

Yesway Company Profile

Yesway, traded on NASDAQ under the ticker YSWY, is a U.S.-based convenience store and fuel retail company that operates retail locations under the Yesway brand. The company’s core business is the operation of neighborhood convenience stores that provide quick-purchase retail items, on-site prepared foods, beverages and other convenience merchandise. Many locations also feature fuel dispensing, making Yesway a combined convenience and gasoline retailer for everyday consumers and motorists.

Yesway’s stores focus on high-turnover product categories typical of the convenience-retail sector, including snacks, cold beverages, coffee, single-serve and prepared food offerings, and commonly purchased household items.