Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other. The company distributes frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of June 27, 2020, it operated 326 distribution facilities. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: sysco.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/23/2025 | $78.00 | Neutral | Citigroup |
12/18/2024 | $85.00 | Hold | Melius |
5/28/2024 | $85.00 | Neutral → Buy | Guggenheim |
11/21/2023 | $73.00 | Neutral | Piper Sandler |
10/19/2023 | $75.00 | Buy | Deutsche Bank |
3/9/2023 | $90.00 | Buy | BofA Securities |
2/2/2023 | Buy → Hold | Argus | |
9/23/2022 | $90.00 | Overweight | Stephens |
5/26/2022 | $98.00 | Neutral → Overweight | JP Morgan |
3/11/2022 | Neutral | CL King |
Citigroup initiated coverage of Sysco with a rating of Neutral and set a new price target of $78.00
Melius initiated coverage of Sysco with a rating of Hold and set a new price target of $85.00
Guggenheim upgraded Sysco from Neutral to Buy and set a new price target of $85.00
Piper Sandler resumed coverage of Sysco with a rating of Neutral and set a new price target of $73.00
Deutsche Bank initiated coverage of Sysco with a rating of Buy and set a new price target of $75.00
BofA Securities resumed coverage of Sysco with a rating of Buy and set a new price target of $90.00
Argus downgraded Sysco from Buy to Hold
Stephens initiated coverage of Sysco with a rating of Overweight and set a new price target of $90.00
JP Morgan upgraded Sysco from Neutral to Overweight and set a new price target of $98.00
CL King initiated coverage of Sysco with a rating of Neutral