The Chefs’ Warehouse Inc. (NASDAQ:CHEF)’s share price was up 2.1% during trading on Thursday . The stock traded as high as $11.34 and last traded at $11.25, with a volume of 80,286 shares changing hands. The stock had previously closed at $11.02.

Several equities analysts recently commented on CHEF shares. Jefferies Group reaffirmed a “buy” rating and issued a $20.00 price objective on shares of The Chefs’ Warehouse in a research report on Wednesday, May 4th. Zacks Investment Research lowered shares of The Chefs’ Warehouse from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and issued a $15.00 price objective on shares of The Chefs’ Warehouse in a research report on Wednesday, August 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. The Chefs’ Warehouse currently has a consensus rating of “Hold” and a consensus price target of $18.80.

The firm has a market capitalization of $296.41 million and a P/E ratio of 66.08. The stock has a 50-day moving average price of $13.34 and a 200-day moving average price of $16.42.

The Chefs’ Warehouse (NASDAQ:CHEF) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.22 by $0.07. The business had revenue of $291.20 million for the quarter, compared to the consensus estimate of $297.28 million. During the same quarter in the previous year, the business earned $0.21 EPS. The Chefs’ Warehouse’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, equities research analysts predict that The Chefs’ Warehouse Inc. will post $0.42 earnings per share for the current fiscal year.

An institutional investor recently raised its position in The Chefs’ Warehouse stock. Bank of Montreal Can raised its position in The Chefs’ Warehouse Inc. (NASDAQ:CHEF) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 662,925 shares of the company’s stock after buying an additional 26,081 shares during the period. Bank of Montreal Can owned approximately 2.52% of The Chefs’ Warehouse worth $11,058,000 at the end of the most recent reporting period.

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.