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Casey's General Stores maintained as Buy By Goldman Sachs

Lower Gas Prices Help Iowa Based Casey’s Convenience Store

(NASDAQ:CASY) has a 1.89 consensus analyst rating on the stock based on an arithmetical average of the 7 ratings given by the brokerage analysts covering the company. IFP Advisors Inc now owns 1,271 shares of the company's stock valued at $144,000 after buying an additional 816 shares in the last quarter. They now have a Dollars 137 price target on the stock. Goldman Sachs Group upgraded shares of Casey's General Stores from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $123.00 to $145.00 in a research report on Wednesday, June 29th.

Just yesterday Casey's General Stores (NASDAQ:CASY) traded 0.03% lower at $133.36. Zacks Investment Research upgraded shares of Casey's General Stores from a "hold" rating to a "buy" rating and set a $132.00 price objective for the company in a research report on Tuesday, May 10th. Analysts' estimates typically exclude special items.

Diluted earnings per share (or EPS) rose 8.3% YoY to $1.70 compared to $1.57 in 1Q16. Further it is trading $13.95 or +11.66% away its 200-day moving average of $119.64.

Casey's General Stores has a 52 week low of $98.80 and a 52 week high of $136.22 with a PE ratio of 23 and has a market capitalization of $0.0. Updating of the agreed target price took place on 2016-08-21. (NASDAQ:CASY) will report $1.7 earnings per share when they next issue its quarterly earnings release on or around 2016-12-05. For the same quarter 12 months ago, 17.11% was realised at as the difference between $1.99 and the actual EPS reported. Casey's General Stores now has an average rating of "Buy" and an average price target of $139.33.

There are 7 sell-side research firms that have issued a stock rating on Caseys General Stores, Inc.

Casey's General Stores, Inc. and its subsidiaries, operate convenience stores under the name Casey's General Store in approximately 10 Midwestern states, in Iowa, Missouri, and IL.

The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. The company also has 22 replacement stores under construction, and 15 major remodels under construction. The Company operates a central warehouse Casey's Distribution Center in Ankeny Iowa through which it supplies grocery and general merchandise items to its stores.

Regarding earnings, prepared food and fountain sales, as well as same-store fuel gallons sold, helped drive Casey's to a net profit of $67.4 million in its 2017 fiscal first quarter, an increase of more than $5 million year over year.