Chefs’ Warehouse Inc (NASDAQ:CHEF) gets downgraded to Hold by BMO Capital Markets

By Market Exclusive

Analyst Ratings For Chefs’ Warehouse Inc (NASDAQ:CHEF)

Today, Chefs’ Warehouse Inc (NASDAQ:CHEF) stock was downgraded by BMO Capital Markets from Outperform to Hold.

There are 3 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Chefs’ Warehouse Inc (NASDAQ:CHEF) is Hold with a consensus target price of $29.80 per share, a potential 18.02% downside.

Some recent analyst ratings include

  • 10/1/2018-Chefs’ Warehouse Inc (NASDAQ:CHEF) gets downgraded to Hold by BMO Capital Markets
  • 9/26/2018-Chefs’ Warehouse Inc (NASDAQ:CHEF) gets downgraded to Hold by Jefferies Financial Group
  • 8/3/2018-Chefs’ Warehouse Inc (NASDAQ:CHEF) had its Hold rating reiterated by Barclays with a $25.00 price target
  • 8/2/2018-Chefs’ Warehouse Inc (NASDAQ:CHEF) had its Buy rating reiterated by Loop Capital

Recent Insider Trading Activity For Chefs’ Warehouse Inc (NASDAQ:CHEF)
Chefs’ Warehouse Inc (NASDAQ:CHEF) has insider ownership of 20.60% and institutional ownership of 78.00%.

  • On 9/10/2018Katherine Oliver, Director, bought 1,088 with an average share price of $32.10 per share and the total transaction amounting to $34,924.80.
  • On 7/17/2018Patricia Lecouras, Insider, sold 12,000 with an average share price of $31.40 per share and the total transaction amounting to $376,800.00.
  • On 5/4/2018Alexandros Aldous, General Counsel, sold 10,905 with an average share price of $25.00 per share and the total transaction amounting to $272,625.00.
  • On 3/21/2018Alexandros Aldous, General Counsel, sold 9,095 with an average share price of $25.00 per share and the total transaction amounting to $227,375.00.
  • On 5/2/2016 Frank O’dowd, Insider, sold 5,000 with an average share price of $19.27 per share and the total transaction amounting to $96,350.00.
  • On 4/1/2016 Frank O’dowd, Insider, sold 5,000 with an average share price of $20.13 per share and the total transaction amounting to $100,650.00.
  • On 3/7/2016 Frank O’dowd, Insider, sold 2,500 with an average share price of $19.00 per share and the total transaction amounting to $47,500.00.

About Chefs’ Warehouse Inc (NASDAQ:CHEF)
The Chefs’ Warehouse, Inc., together with its subsidiaries, distributes specialty food products in the United States and Canada. Its product portfolio includes approximately 48,000 stock-keeping units comprising specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, truffles, caviar, chocolate, and pastry products. The company also offers a line of center-of-the-plate products, including custom cut beef, seafood, and hormone-free poultry, as well as food products, such as cooking oils, butter, eggs, milk, and flour. It serves menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos, and specialty food stores. The company markets its center-of-the-plate products directly to consumers through a mail and e-commerce platform. The Chefs’ Warehouse, Inc. was founded in 1985 and is headquartered in Ridgefield, Connecticut.

Recent Trading Activity for Chefs’ Warehouse Inc (NASDAQ:CHEF)
Shares of Chefs’ Warehouse Inc closed the previous trading session at 36,35 −0,60 1,62 % with 37.5 shares trading hands.

This article provided by NewsEdge.