Burger King Worldwide Hits New 1-Year High at $25.31 (BKW)
Shares of Burger King Worldwide (NYSE:BKW) hit a new 52-week high during trading on Tuesday , American Banking News reports. The stock traded as high as $25.31 and last traded at $25.29, with a volume of 755,313 shares changing hands. The stock had previously closed at $24.97.
A number of research firms have recently commented on BKW. Analysts at UBS AG raised their price target on shares of Burger King Worldwide from $26.00 to $28.00 in a research note on Thursday, January 30th. They now have a “buy” rating on the stock. Separately, analysts at Goldman Sachs upgraded shares of Burger King Worldwide from a “buy” rating to a “conviction-buy” rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $23.07.
The stock has a 50-day moving average of $23.18 and a 200-day moving average of $20.86. The company has a market cap of $8.894 billion and a P/E ratio of 41.62.
Burger King Worldwide, Inc (NYSE:BKW), formerly Justice Delaware Holdco Inc, is a fast food hamburger chain.
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