Yesway (NASDAQ:YSWY) Receives “Buy” Rating from Guggenheim

Yesway (NASDAQ:YSWY)‘s stock had its “buy” rating reiterated by equities researchers at Guggenheim in a research note issued to investors on Wednesday,Benzinga reports.

A number of other research firms also recently issued reports on YSWY. KeyCorp assumed coverage on shares of Yesway in a report on Monday, May 18th. They issued an “overweight” rating and a $31.00 price objective on the stock. Wall Street Zen raised Yesway to a “hold” rating in a research report on Saturday, April 25th. Morgan Stanley started coverage on Yesway in a research note on Monday, May 18th. They set an “equal weight” rating and a $28.00 price target on the stock. The Goldman Sachs Group initiated coverage on Yesway in a research note on Monday, May 18th. They issued a “neutral” rating and a $28.00 price objective for the company. Finally, Zacks Research raised Yesway to a “hold” rating in a research note on Tuesday, May 19th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $29.63.

Yesway Stock Performance

YSWY traded up $0.60 on Wednesday, hitting $20.60. The company had a trading volume of 13,153 shares, compared to its average volume of 467,499. Yesway has a 1 year low of $19.61 and a 1 year 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.