Jefferies Group Increases Buffalo Wild Wings Price Target to $148.00 (BWLD)
Investment analysts at Jefferies Group upped their target price on shares of Buffalo Wild Wings (NASDAQ:BWLD) from $120.00 to $148.00 in a note issued to investors on Monday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 0.50% from the stock’s previous close.
Shares of Buffalo Wild Wings (NASDAQ:BWLD) traded up 2.52% on Monday, hitting $147.19. 389,995 shares of the company’s stock traded hands. Buffalo Wild Wings has a 52 week low of $72.70 and a 52 week high of $152.53. The stock has a 50-day moving average of $146.9 and a 200-day moving average of $120.0. The company has a market cap of $2.764 billion and a price-to-earnings ratio of 40.11.
Buffalo Wild Wings (NASDAQ:BWLD) last announced its earnings results on Tuesday, October 29th. The company reported $0.95 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.85 by $0.10. The company had revenue of $315.80 million for the quarter, compared to the consensus estimate of $311.59 million. During the same quarter last year, the company posted $0.57 earnings per share. Buffalo Wild Wings’s revenue was up 27.9% compared to the same quarter last year. On average, analysts predict that Buffalo Wild Wings will post $3.75 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on BWLD. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Buffalo Wild Wings in a research note to investors on Wednesday, December 18th. They now have a $155.00 price target on the stock, up previously from $150.00. Separately, analysts at Zacks upgraded shares of Buffalo Wild Wings from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, November 21st. They now have a $174.00 price target on the stock. Finally, analysts at Wunderlich reiterated a “hold” rating on shares of Buffalo Wild Wings in a research note to investors on Saturday, November 16th. They now have a $148.00 price target on the stock. Twelve research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $131.19.
Buffalo Wild Wings, Inc, is a owner, operator, and franchisor of restaurants. The Company features a variety of menu items, including its Buffalo, New York-style chicken wings spun in any of its 16 types of sauces or five types of seasonings.
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