Performance Food Group Company (PFGC) Is Attractive From A Valuation Perspective, Says Piper Sandler

Performance Food Group Company (NYSE:PFGC) is among the consumer defensive stocks to buy according to analysts. On December 12, Brian Mullan, an analyst at Piper Sandler, reduced the price target on Performance Food Group Company (NYSE:PFGC) to $111 from $116, while keeping an ‘Overweight’ rating. According to TheFly, the firm believes that the restaurant group has pulled back recently, mainly due to the “fears over the underlying demand trends across the Restaurant industry,” which is the largest client o ...