CHEF - Shares of The Chefs' Warehouse Inc. (CHEF) Rise to a New 52-Week High

The Chefs' Warehouse Inc. (NASDAQ:CHEF) traded at a new 52-week high today of $42.00. This new high was reached on above average trading volume as 26.9 million shares traded hands, while the average 30-day volume is approximately 211,000 shares.

Over the past year, The Chefs' Warehouse Inc. has traded in a range of $3.51 to $37.85 and is now at $32.73.

The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.

Based on a current price of $32.73, The Chefs' Warehouse Inc. is currently 2.8% above its average consensus analyst price target of $31.81.

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