KeyBanc Initiates Casey’s General Stores at Overweight With $500 Price Target

Casey’s Basic Shops, Inc. is a comfort retailer retailer and pizza chain in america. It operates comfort shops primarily below the names Casey’s and Casey’s Basic Retailer all through 17 states, over half of that are positioned in Iowa, Missouri, and Illinois. All comfort shops carry a broad collection of meals objects (together with, however not restricted to, freshly ready meals similar to common and breakfast pizza, donuts, sizzling breakfast objects, and cold and hot sandwiches), drinks, tobacco and nicotine merchandise, well being and sweetness aids, automotive merchandise, and different nonfood objects. Its GoodStop and Lone Star Meals Retailer branded shops supply gas on the market on a self-serve foundation, and a broad collection of snacks, drinks, tobacco merchandise, and different necessities. It operates three distribution facilities, by which sure grocery and normal merchandise and ready meals and disbursed beverage objects are provided to its shops. It operates roughly 2,900 comfort shops.