Yesway (NASDAQ:YSWY) Rating Increased to Strong-Buy at BMO Capital Markets

BMO Capital Markets upgraded shares of Yesway (NASDAQ:YSWY) to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

A number of other research firms also recently issued reports on YSWY. KeyCorp assumed coverage on shares of Yesway in a research report on Monday. They set an “overweight” rating and a $31.00 price target for the company. Raymond James Financial assumed coverage on shares of Yesway in a research report on Monday. They set an “outperform” rating and a $30.00 price target for the company. The Goldman Sachs Group assumed coverage on shares of Yesway in a research report on Monday. They set a “neutral” rating and a $28.00 price target for the company. Barclays assumed coverage on shares of Yesway in a research report on Monday. They set an “overweight” rating and a $31.00 price target for the company. Finally, Morgan Stanley assumed coverage on shares of Yesway in a research report on Monday. They set an “equal weight” rating and a $28.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $29.63.

Yesway Stock Down 2.2%

YSWY stock opened at $25.28 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.