Performance Food Group (PFGC, Financial) has garnered attention as Citigroup, through analyst Karen Holthouse, has initiated coverage of the stock. The coverage comes with a promising 'Buy' rating, indicating positive expectations for PFGC's future performance.
Coinciding with the new coverage, Citigroup has set a price target of $121.00 USD for Performance Food Group (PFGC, Financial). Although there was no prior price target for comparison, this new valuation suggests a confidence in the company's potential growth trajectory.
The announcement was made on May 23, 2025, and reflects Citigroup's strategic assessment of Performance Food Group's market position and future prospects in the competitive food distribution sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Performance Food Group Co (PFGC, Financial) is $99.78 with a high estimate of $110.00 and a low estimate of $85.34. The average target implies an upside of 19.21% from the current price of $83.70. More detailed estimate data can be found on the Performance Food Group Co (PFGC) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Performance Food Group Co's (PFGC, 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 Performance Food Group Co (PFGC, Financial) in one year is $72.92, suggesting a downside of 12.88% from the current price of $83.7. 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 Performance Food Group Co (PFGC) Summary page.
