Guggenheim Begins Coverage on Yesway (NASDAQ:YSWY)

Research analysts at Guggenheim began coverage on shares of Yesway (NASDAQ:YSWY) in a note issued to investors on Monday,Benzinga reports. The brokerage set a “buy” rating and a $30.00 price target on the stock. Guggenheim’s price objective suggests a potential upside of 16.10% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. KeyCorp assumed coverage on Yesway in a report on Monday. They set an “overweight” rating and a $31.00 price objective on the stock. Wall Street Zen upgraded Yesway to a “hold” rating in a report on Saturday, April 25th. Barclays assumed coverage on Yesway in a report on Monday. They set an “overweight” rating on the stock. The Goldman Sachs Group began coverage on Yesway in a report on Monday. They set a “neutral” rating and a $28.00 price objective on the stock. Finally, Raymond James Financial began coverage on shares of Yesway in a research report on Monday. They issued an “outperform” rating for the company. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $29.40.

Yesway Stock Performance

Yesway stock opened at $25.84 on Monday. Yesway has a 12-month low of $20.02 and a 12-month high of $29.08.

About Yesway

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.