Barclays (LON:BARC) analyst Jeff Bernstein maintained a Hold rating on Performance Food Group (NYSE:PFGC) on Wednesday, setting a price target of $43, which is approximately 13.40% above the present share price of $37.92.
Bernstein expects Performance Food Group to post earnings per share (EPS) of -$1.19 for the fourth quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Performance Food Group, with an average price target of $44.
The analysts price targets range from a high of $50 to a low of $36.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $5.77 billion and a net profit of -$225.6 million. The company's market cap is $5.06 billion.
According to TipRanks.com, Barclays analyst Jeff Bernstein is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 7.7% and a 68.75% success rate.
Performance Food Group Co . engages in the market and distribution of food products. It operates through the following segments: Foodservice, Vistar, and Corporate and All Other. The Foodservices segment delivers food and food-related products to independent restaurants, chain restaurants, and other institutional food-away-from-home locations. The Vistar segment offers candy, snack, and beverage to customers in the vending, office coffee services, theater, retail, and other channels. The Corporate and All Other segment comprises of the firm's overhead and certain operations that are not considered separate reportable segments based on their size. The company was founded in 1987 and is headquartered in Richmond, VA.