Wells Fargo Believes US Foods Holding (NYSE: USFD) Won’t Stop Here

In a report issued on June 9, Edward Kelly from Wells Fargo maintained a Buy rating on US Foods Holding (USFDResearch Report). The company’s shares closed last Friday at $40.06, close to its 52-week high of $42.10.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 11.1% and a 63.4% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Bj’s Wholesale Club Holdings, Performance Food Group, and Sprouts Farmers.

US Foods Holding has an analyst consensus of Moderate Buy, with a price target consensus of $45.00.

See today’s analyst top recommended stocks >>

US Foods Holding’s market cap is currently $8.89B and has a P/E ratio of -54.90. The company has a Price to Book ratio of -2.96.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of USFD in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

US Foods Holding Corp. operates as a foodservice distributor. Its products include frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef’s Line, del Pasado, Glenview Farms, Cattleman’s Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli. The company is headquartered in Rosemont, IL.