Performance Food Group Company (PFGC) Stock Rated Outperform by BMO Following Growth-Focused Analyst Day

BMO Capital Markets maintained its bullish outlook on Performance Food Group Company (NYSE:PFGC) on May 29, reaffirming its Outperform rating and $105 price target.

PFGC Stock Rated Outperform by BMO Following Growth-Focused Analyst Day

Analysts at BMO Capital outlined the key observations from Performance Food Group’s May 28 Analyst Day. The company has set lofty targets, exceeding prior projections with a compound annual growth rate of 10–13% in EBITDA over the coming three years.

During its presentation, Performance Food Group Company (NYSE:PFGC) also discussed strategies to reach the desired EBITDA increase, which is supported by plans to expand its three main business sectors. Based on BMO Capital’s analysis, Performance Food Group is ranked first in its “big-3 pecking order,” indicating that the company is preferred compared to others in the industry.

While BMO Capital has raised its forecasts for 2027 and 2028, its estimates for fiscal years 2025 and 2026 have not changed. After estimating 8% growth in EBITDA for these years, the firm now projects a 10% gain.

While we acknowledge the potential of PFGC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PFGC and that has 100x upside potential, check out our report about the cheapest AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.