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Research analysts at Barclays reduced their price objective on shares of BJ’s Restaurants (NASDAQ:BJRI) from $24.00 to $23.00 in a report released on Thursday, reports. Barclays’ price objective points to a potential downside of 20.66% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Longbow Research initiated coverage on shares of BJ’s Restaurants in a research note on Friday, February 7th. They set an “underperform” rating on the stock. Separately, analysts at Wunderlich cut their price target on shares of BJ’s Restaurants from $31.00 to $29.00 in a research note on Wednesday, January 29th. They now have a “hold” rating on the stock. Finally, analysts at Wedbush cut their price target on shares of BJ’s Restaurants from $26.00 to $24.00 in a research note 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. BJ’s Restaurants presently has a consensus rating of “Hold” and a consensus price target of $31.18.

BJ’s Restaurants (NASDAQ:BJRI) traded down 11.59% during mid-day trading on Thursday, hitting $25.63. 2,796,791 shares of the company’s stock traded hands. BJ’s Restaurants has a 52 week low of $25.21 and a 52 week high of $40.99. The stock’s 50-day moving average is $29.17 and its 200-day moving average is $29.69. The company has a market cap of $723.5 million and a P/E ratio of 30.52.

BJ’s Restaurants (NASDAQ:BJRI) last released its earnings data on Wednesday, February 19th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $199.80 million for the quarter, compared to the consensus estimate of $199.70 million. Analysts expect that BJ’s Restaurants will post $0.86 EPS for the current fiscal year.

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

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