Shares of Performance Food Group Company (NYSE:PFGC) traded at a new 52-week high today of $55.43. This new high was reached on below average trading volume as 234,000 shares traded hands, while the average 30-day volume is approximately 797,000 shares.
Performance Food Group Company (NYSE:PFGC) defies analysts with a current price ($55.12) 44.4% above its average consensus price target of $30.65.
In the past 52 weeks, Performance Food Group Company share prices are bracketed by a low of $7.41 and a high of $55.43 and is now at $55.12, 644% above that low price.
Performance Food Group is the third- largest U.S. food-service distributor, with 7% market share and a heavy presence along the Eastern seaboard, the Southeast, and the Midwest. PFG’s food-service business (67% of fiscal 2020 sales) has its largest exposure to national and regional restaurant chains (52% of segment revenue), followed by independent restaurants (27%), and other channels (20%) such as retail, hospitality, and education. The firm’s Vistar segment (33% of sales) is a national distributor of candy, snacks, and beverages to convenience stores, vending and office coffee service distributors, theaters, sporting arenas, and correctional facilities.
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