Yesway (NASDAQ:YSWY) Coverage Initiated by Analysts at JPMorgan Chase & Co.

Equities researchers at JPMorgan Chase & Co. started coverage on shares of Yesway (NASDAQ:YSWY) in a research note issued to investors on Monday,Benzinga reports. The firm set a “neutral” rating and a $29.00 price target on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 12.23% from the company’s current price.

Several other research firms have also issued reports on YSWY. KeyCorp began coverage on Yesway in a research report on Monday. They issued an “overweight” rating and a $31.00 price target on the stock. Morgan Stanley began coverage on Yesway in a research report on Monday. They issued an “equal weight” rating and a $28.00 price target on the stock. BMO Capital Markets began coverage on Yesway in a research report on Monday. They issued an “outperform” rating and a $30.00 price target on the stock. Wall Street Zen upgraded Yesway to a “hold” rating in a research report on Saturday, April 25th. Finally, Guggenheim began coverage on Yesway in a research report on Monday. They issued a “buy” rating and a $30.00 price target on the stock. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.33.

Yesway Stock Performance

NASDAQ:YSWY opened at $25.84 on Monday. Yesway has a 12-month low of $20.02 and a 12-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.