Yesway (NASDAQ:YSWY) Raised to Strong-Buy at Barclays

Yesway (NASDAQ:YSWY) was upgraded by equities research analysts at Barclays to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

YSWY has been the topic of a number of other research reports. JPMorgan Chase & Co. started coverage on shares of Yesway in a research report on Monday. They set a “neutral” rating and a $29.00 price objective on the stock. Raymond James Financial initiated coverage on shares of Yesway in a research note on Monday. They set an “outperform” rating and a $30.00 target price for the company. Morgan Stanley started coverage on Yesway in a report on Monday. They set an “equal weight” rating and a $28.00 price target on the stock. KeyCorp started coverage on Yesway in a report on Monday. They issued an “overweight” rating and a $31.00 target price on the stock. Finally, BMO Capital Markets started coverage on Yesway in a research report on Monday. They issued an “outperform” rating and a $30.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $29.63.

Yesway Price Performance

Shares of NASDAQ YSWY opened at $25.28 on Monday. Yesway has a 52-week low of $20.02 and a 52-week 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.