Brokerages Set Yesway, Inc. (NASDAQ:YSWY) Target Price at $29.40

Yesway, Inc. (NASDAQ:YSWY) has been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $29.6250.

Several brokerages have recently commented on YSWY. Raymond James Financial began coverage on Yesway in a research note on Monday. They set an “outperform” rating and a $30.00 target price for the company. BMO Capital Markets began coverage on Yesway in a research note on Monday. They set an “outperform” rating and a $30.00 target price for the company. Guggenheim began coverage on Yesway in a research note on Monday, May 18th. They set a “buy” rating and a $30.00 target price for the company. Wall Street Zen upgraded Yesway to a “hold” rating in a research note on Saturday, April 25th. Finally, KeyCorp began coverage on Yesway in a report on Monday. They set an “overweight” rating and a $31.00 price target for the company.

Yesway Trading Up 0.3%

Shares of NASDAQ YSWY opened at $23.37 on Monday. Yesway has a 12 month low of $20.02 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.