Yesway, Inc. (NASDAQ:YSWY) Receives Average Recommendation of “Moderate Buy” from Analysts

Yesway, Inc. (NASDAQ:YSWY) has been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $29.1250.

YSWY has been the topic of a number of research analyst reports. Barclays began coverage on Yesway in a research report on Monday, May 18th. They issued an “overweight” rating and a $31.00 target price on the stock. KeyCorp began coverage on Yesway in a research note on Monday, May 18th. They issued an “overweight” rating and a $31.00 price objective on the stock. Raymond James Financial initiated coverage on Yesway in a report on Monday, May 18th. They set an “outperform” rating and a $30.00 price objective on the stock. 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 report on Friday, June 5th. Finally, Wall Street Zen raised shares of Yesway to a “hold” rating in a report on Saturday, April 25th.

Yesway Stock Up 3.3%

YSWY opened at $21.06 on Tuesday. The firm’s 50-day moving average is $22.55. Yesway has a 52 week low of $19.20 and a 52 week 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.