Shares of The Chefs’ Warehouse Inc. (NASDAQ:CHEF) rose 1.8% during mid-day trading on Thursday . The company traded as high as $11.49 and last traded at $11.41, with a volume of 68,799 shares traded. The stock had previously closed at $11.21.

CHEF has been the topic of a number of research analyst reports. Jefferies Group reissued a “buy” rating and issued a $20.00 price target on shares of The Chefs’ Warehouse in a research note on Wednesday, May 4th. TheStreet lowered The Chefs’ Warehouse from a “buy” rating to a “hold” rating in a research note on Tuesday, May 3rd. Zacks Investment Research lowered The Chefs’ Warehouse from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Finally, JPMorgan Chase & Co. reissued a “hold” rating and issued a $15.00 price target on shares of The Chefs’ Warehouse in a research note on Wednesday, August 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The Chefs’ Warehouse has an average rating of “Hold” and an average price target of $18.80.

The company’s 50 day moving average is $13.76 and its 200 day moving average is $16.44. The company has a market cap of $296.93 million and a price-to-earnings ratio of 66.20.

The Chefs’ Warehouse (NASDAQ:CHEF) last announced its earnings results on Tuesday, August 2nd. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by $0.07. The firm earned $291.20 million during the quarter, compared to the consensus estimate of $297.28 million. During the same quarter in the previous year, the business earned $0.21 earnings per share. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. Analysts predict that The Chefs’ Warehouse Inc. will post $0.42 earnings per share for the current year.

A hedge fund recently raised its stake in The Chefs’ Warehouse stock. Bank of Montreal Can raised its stake in shares of The Chefs’ Warehouse Inc. (NASDAQ:CHEF) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 662,925 shares of the company’s stock after buying an additional 26,081 shares during the period. Bank of Montreal Can owned about 2.52% of The Chefs’ Warehouse worth $11,058,000 as of its most recent SEC filing.

The Chefs’ Warehouse, Inc is a distributor of specialty food products in the United States and Canada. The Company operates through food product distribution segment, which is concentrated on the East and West Coasts of the United States. It is focused on serving the specific needs of chefs owning and/or operating some of the menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores in the United States and Canada.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.