Yesway (NASDAQ:YSWY) Rating Increased to Moderate Buy at Raymond James Financial

Yesway (NASDAQ:YSWY) was upgraded by equities researchers at Raymond James Financial to a “moderate buy” rating in a report released on Monday,Zacks.com reports.

A number of other research firms have also recently weighed in on YSWY. KeyCorp started coverage on Yesway in a report on Monday. They issued an “overweight” rating and a $31.00 price target for the company. Morgan Stanley started coverage on Yesway in a report on Monday. They issued an “equal weight” rating and a $28.00 price target for the company. BMO Capital Markets started coverage on Yesway in a report on Monday. They issued an “outperform” rating and a $30.00 price target for the company. JPMorgan Chase & Co. started coverage on Yesway in a report on Monday. They issued a “neutral” rating and a $29.00 price target for the company. Finally, Barclays started coverage on Yesway in a report on Monday. They issued an “overweight” rating and a $31.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $29.63.

Yesway Stock Down 2.2%

Shares of NASDAQ:YSWY opened at $25.28 on Monday. Yesway has a 1 year low of $20.02 and a 1 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.