In recent developments, JP Morgan analyst John Ivankoe has updated the price target for Sysco Corporation (SYY, Financial). The renowned analyst has raised the price target from USD 82.00 to USD 85.00, marking a 3.66% increase.
The analyst's recommendation for the stock remains consistent, maintaining an "Overweight" rating for Sysco (SYY, Financial). This suggests a continued positive outlook on the company's financial performance and market position.
This update was published on May 20, 2025, and reflects JP Morgan's confidence in Sysco's (SYY, Financial) operational strategies and future growth potential.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Sysco Corp (SYY, Financial) is $79.69 with a high estimate of $88.00 and a low estimate of $72.00. The average target implies an upside of 8.21% from the current price of $73.64. More detailed estimate data can be found on the Sysco Corp (SYY) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Sysco Corp's (SYY, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sysco Corp (SYY, Financial) in one year is $85.42, suggesting a upside of 16% from the current price of $73.64. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sysco Corp (SYY) Summary page.
