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Investment analysts at Wunderlich reduced their price objective on shares of BJ’s Restaurants (NASDAQ:BJRI) from $31.00 to $29.00 in a note issued to investors on Wednesday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Wunderlich’s price objective points to a potential downside of 0.82% from the stock’s previous close.

Shares of BJ’s Restaurants (NASDAQ:BJRI) opened at 28.92 on Wednesday. BJ’s Restaurants has a 52 week low of $25.50 and a 52 week 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 P/E ratio of 30.82.

A number of other firms have also recently commented on BJRI. 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. Separately, analysts at Barclays cut their price target on shares of BJ’s Restaurants from $28.00 to $26.00 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. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $31.45.

BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.

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