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

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

A number of other equities research analysts have also weighed in on the company. Wall Street Zen raised Yesway to a “hold” rating in a research report on Saturday, April 25th. Raymond James Financial initiated coverage on Yesway in a research note on Monday. They set an “outperform” rating and a $30.00 price target on the stock. Barclays initiated coverage on Yesway in a report on Monday. They issued an “overweight” rating and a $31.00 price objective for the company. Guggenheim started coverage on shares of Yesway in a research report on Monday. They issued a “buy” rating and a $30.00 price target for the company. Finally, JPMorgan Chase & Co. assumed coverage on shares of Yesway in a report on Monday. They set a “neutral” rating and a $29.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $29.63.

Yesway Price Performance

Shares of YSWY opened at $25.28 on Monday. Yesway has a 1-year low of $20.02 and a 1-year high of $29.08.

About Yesway

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.