The Chefs' Warehouse, Inc.CHEF was a big mover last session, as the company saw its shares rise over 16% on the day. The upside has been driven by solid third-quarter 2015 results which led to more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.98 to $15.51 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
The Chefs' Warehouse currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the same space is B&G Foods Inc. BGS sporting a Zacks Rank #1 (Strong Buy).
Is CHEF going up? Or down? Predict to see what others think: Up or Down
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B&G FOODS CL-A (BGS): Free Stock Analysis Report
CHEFS WAREHOUSE (CHEF): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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