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

Yesway, Inc. (NASDAQ:YSWY) has received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $29.40.

YSWY has been the subject of several recent research reports. Guggenheim initiated coverage on Yesway in a research note on Monday. They issued a “buy” rating and a $30.00 price target for the company. KeyCorp initiated coverage on Yesway in a research note on Monday. They issued an “overweight” rating and a $31.00 price target for the company. The Goldman Sachs Group initiated coverage on Yesway in a research note on Monday. They issued a “neutral” rating and a $28.00 price target for the company. Barclays initiated coverage on Yesway in a research note on Monday. They issued an “overweight” rating for the company. Finally, Morgan Stanley set a $28.00 price target on Yesway and gave the company an “equal weight” rating in a research note on Monday.

Yesway Stock Performance

Shares of NASDAQ YSWY opened at $25.84 on Monday. Yesway has a 52 week low of $20.02 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.