BJ’s Restaurants Lowered to Underweight at Barclays (BJRI)
BJ’s Restaurants (NASDAQ:BJRI) was downgraded by equities research analysts at Barclays to an “underweight” rating in a research note issued to investors on Wednesday, American Banking News reports.
A number of other analysts have also recently weighed in on BJRI. Analysts at Wunderlich cut their price target on shares of BJ’s Restaurants from $31.00 to $29.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Wedbush cut their price target on shares of BJ’s Restaurants from $26.00 to $24.00 in a research note to investors on Friday, January 17th. Finally, analysts at Stifel Nicolaus raised their price target on shares of BJ’s Restaurants to $42.00 in a research note to investors on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $32.00.
BJ’s Restaurants (NASDAQ:BJRI) opened at 28.92 on Wednesday. BJ’s Restaurants has a one year low of $25.50 and a one year high of $40.99. The stock’s 50-day moving average is $30.17 and its 200-day moving average is $30.60. The company has a market cap of $816.3 million and a price-to-earnings ratio of 30.82.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.