Yesway, Inc. (NASDAQ:YSWY) Given Average Recommendation of “Moderate Buy” by Brokerages

Yesway, Inc. (NASDAQ:YSWY) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $29.1250.

Several brokerages have commented on YSWY. Morgan Stanley initiated coverage on shares of Yesway in a research report on Monday, May 18th. They issued an “equal weight” rating and a $28.00 price target on the stock. Zacks Research raised shares of Yesway to a “hold” rating in a research note on Tuesday, May 19th. BMO Capital Markets started coverage on shares of Yesway in a report on Monday, May 18th. They issued an “outperform” rating and a $30.00 target price on the stock. The Goldman Sachs Group assumed coverage on Yesway in a research note on Monday, May 18th. They set a “neutral” rating and a $28.00 price objective for the company. Finally, Barclays assumed coverage on Yesway in a research report on Monday, May 18th. They set an “overweight” rating and a $31.00 target price on the stock.

Yesway Stock Performance

Shares of YSWY traded down $0.52 during midday trading on Tuesday, reaching $20.37. The stock had a trading volume of 42,721 shares, compared to its average volume of 558,285. The firm has a 50 day moving average of $22.87. Yesway has a 52 week low of $19.20 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.