Yesway (NASDAQ:YSWY) Upgraded to “Strong-Buy” at BMO Capital Markets

Yesway (NASDAQ:YSWY) was upgraded by stock analysts at BMO Capital Markets to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

YSWY has been the subject of several other reports. Barclays assumed coverage on shares of Yesway in a research note on Monday. They set an “overweight” rating and a $31.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Yesway in a research note on Monday. They set a “neutral” rating and a $28.00 price objective for the company. Wall Street Zen upgraded shares of Yesway to a “hold” rating in a research note on Saturday, April 25th. JPMorgan Chase & Co. assumed coverage on shares of Yesway in a research note on Monday. They set a “neutral” rating and a $29.00 price objective for the company. Finally, Morgan Stanley assumed coverage on shares of Yesway in a research note on Monday. They set an “equal weight” rating and a $28.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Yesway presently has an average rating of “Buy” and an average price target of $29.63.

Yesway Stock Performance

NASDAQ:YSWY opened at $25.28 on Monday. Yesway has a twelve month low of $20.02 and a twelve month 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.