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

Shares of Yesway, Inc. (NASDAQ:YSWY) have been given a consensus rating of “Moderate Buy” by the nine analysts that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $29.1250.

Several equities analysts have recently issued reports on the company. KeyCorp started coverage on Yesway in a research note on Monday, May 18th. They issued an “overweight” rating and a $31.00 price target on the stock. Guggenheim reaffirmed a “buy” rating on shares of Yesway in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. lowered their target price on Yesway from $29.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. BMO Capital Markets initiated coverage on shares of Yesway in a report on Monday, May 18th. They issued an “outperform” rating and a $30.00 target price for the company. Finally, Raymond James Financial assumed coverage on shares of Yesway in a research note on Monday, May 18th. They issued an “outperform” rating and a $30.00 price target on the stock.

Yesway Stock Performance

Shares of YSWY opened at $25.15 on Friday. Yesway has a one year low of $19.61 and a one year 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.