Performance Food Group Co (PFGC) saw a price increase of 5.13% as it crossed above its 5-day SMA. This movement occurs in the context of a broader market decline, with the Nasdaq-100 down 0.87% and the S&P 500 down 0.19%. The stock's rise suggests sector rotation as investors shift their focus to companies in the food distribution sector, despite the overall market weakness.
The positive movement aligns with a shift in investor sentiment, indicating that PFGC is benefiting from a reallocation of capital towards more resilient sectors. This trend may reflect confidence in the company's operational stability and growth potential in a challenging market environment.
As investors continue to navigate market volatility, PFGC's performance may attract further attention, especially if the company can maintain its upward trajectory and capitalize on the current sector dynamics.
Wall Street analysts forecast PFGC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFGC is 119.13 USD with a low forecast of 105.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast PFGC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFGC is 119.13 USD with a low forecast of 105.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 97.380
Low
105.00
Averages
119.13
High
130.00
Current: 97.380
Low
105.00
Averages
119.13
High
130.00
Morgan Stanley
Overweight
initiated
$123
2026-01-20
Reason
Morgan Stanley
Price Target
$123
AI Analysis
2026-01-20
initiated
Overweight
Reason
Morgan Stanley resumed coverage of Performance Food Group with an Overweight rating and $123 price target. The firm sees more upside for the shares verses the company's two peers. The story is "getting cleaner," while Performance's earnings growth should pick up, the analyst tells investors in a research note.
Citi
Karen Holthouse
Buy
downgrade
$134 -> $127
2026-01-07
Reason
Citi
Karen Holthouse
Price Target
$134 -> $127
2026-01-07
downgrade
Buy
Reason
Citi analyst Karen Holthouse lowered the firm's price target on Performance Food Group to $127 from $134 and keeps a Buy rating on the shares. The firm adjusted price targets in the food distributors group as part of its 2026 outlook. Citi sees the distributors as better positioned than restaurants.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for PFGC
Unlock Now
Barclays
Overweight -> NULL
downgrade
$120 -> $105
2026-01-07
Reason
Barclays
Price Target
$120 -> $105
2026-01-07
downgrade
Overweight -> NULL
Reason
Barclays lowered the firm's price target on Performance Food Group to $105 from $120 and keeps an Overweight rating on the shares. The firm adjusted targets in the restaurant group as part of its 2026 outlook. Sales challenges persist for the sector, the analyst tells investors in a research note. Barclays expects quick service to regain share from fast casual and casual dining, and it remains bullish on foodservice distribution.
Piper Sandler
Brian Mullan
Overweight
downgrade
$116 -> $111
2025-12-12
Reason
Piper Sandler
Brian Mullan
Price Target
$116 -> $111
2025-12-12
downgrade
Overweight
Reason
Piper Sandler analyst Brian Mullan lowered the firm's price target on Performance Food Group to $111 from $116 and keeps an Overweight rating on the shares. The firm thinks the restaurant group has pulled back of late predominantly as a function of fears over the underlying demand trends across the Restaurant industry, which is the Food Distribution industry's biggest customer type.
About PFGC
Performance Food Group Company, through its subsidiaries, markets and distributes primarily national and Company-branded food and food-related products to customer locations across North America. The Company operates through three segments: Foodservice, Convenience, and Specialty. Its Foodservice segment distributes a line of national brands, customer brands, and its proprietary-branded food and food-related products to independent and multi-unit chain restaurants and other institutions. The Specialty segment specializes in distributing candy, snacks, beverages, and other items nationally to vending, office coffee service, theater, retail, hospitality, and other channels. The Convenience segment distributes candy, snacks, beverages, cigarettes, other tobacco products, food and foodservice related products, and other items to convenience stores across North America. It markets and distributes over 300,000 food and food-related products to customers across the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
