Sysco Corp (SYY) Stock AnalysisSYYStock AnalysisSysco Corp

Sysco Corporation is the global distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company's segment includes U.S. Foodservice Operations, International Foodservice Operations, SYGMA and Other. The U.S. Foodservice Operations segment primarily includes its U.S. broad line operations, which distribute a line of food products, including custom-cut meat, seafood, produce, specialty Italian, specialty imports, and a variety of non-food products. The International Foodservice Operations segment includes operations outside the United States which distribute a line of food products and a variety of non-food products. The SYGMA segment is engaged in customized distribution operations serving quick-service chain restaurant customer locations. The Other segment primarily includes its hotel supply operations, Guest Worldwide. It distributes various products, such as frozen foods, canned and dry foods, fresh meats and seafood and others. It operates in the Consumer Non-Cyclicals sector (WHOLESALE-GROCERIES & RELATED PRODUCTS industry).

Sysco Corp is currently a hold. The stock is trading at $81.94, which is below the analyst price target of $89 set by Deutsche Bank, suggesting potential upside. However, the RSI is at 30.729, indicating that the stock is oversold, which could lead to a rebound. The forward P/E ratio is 16.42, which is reasonable, but the recent 5-day change of -2.57% and the overall market sentiment are concerning.

17 analysts cover SYY: 7 rate it Buy, 9 Hold and 1 Sell. The average price target is 87.56.