Fiesta Restaurant Group Rating Reiterated by Jefferies Group (FRGI)
Fiesta Restaurant Group (NASDAQ:FRGI)‘s stock had its “buy” rating restated by stock analysts at Jefferies Group in a report issued on Tuesday, AnalystRatings.Net reports. They currently have a $40.00 price objective on the stock. Jefferies Group’s target price would suggest a potential upside of 23.53% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James cut their price target on shares of Fiesta Restaurant Group from $44.00 to $39.00 in a research note to investors on Monday, August 12th. Separately, analysts at Wells Fargo & Co. initiated coverage on shares of Fiesta Restaurant Group in a research note to investors on Thursday, July 18th. They set an “outperform” rating on the stock. Finally, analysts at Zacks upgraded shares of Fiesta Restaurant Group from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, July 8th. They now have a $38.60 price target on the stock.
One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $39.12.
Fiesta Restaurant Group (NASDAQ:FRGI) traded up 0.19% on Tuesday, hitting $32.44. 15,056 shares of the company’s stock traded hands. Fiesta Restaurant Group has a one year low of $12.96 and a one year high of $38.84. The stock has a 50-day moving average of $33.37 and a 200-day moving average of $29.07. The company has a market cap of $744.5 million and a P/E ratio of 47.90.
Fiesta Restaurant Group, Inc (NASDAQ:FRGI) owns, operates and franchises two fast-casual restaurant brands, Pollo Tropical and Taco Cabana.
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