Zoe’s Kitchen, Inc. (NYSE:ZOES)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank AG in a research note issued to investors on Monday. They presently have a $13.00 price objective on the restaurant operator’s stock, down from their previous price objective of $15.00. Deutsche Bank AG’s price objective would suggest a potential upside of 13.69% from the company’s previous close.

A number of other research firms have also issued reports on ZOES. Telsey Advisory Group reissued a “market perform” rating and issued a $15.00 price target (down from $26.00) on shares of Zoe’s Kitchen in a research report on Tuesday, May 30th. Piper Jaffray Companies reduced their price target on shares of Zoe’s Kitchen from $20.00 to $16.00 and set a “neutral” rating for the company in a research report on Thursday, March 23rd. Maxim Group reissued a “buy” rating and issued a $28.00 price target on shares of Zoe’s Kitchen in a research report on Tuesday, May 23rd. Robert W. Baird lowered shares of Zoe’s Kitchen from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $20.00 in a research report on Monday, May 22nd. Finally, Zacks Investment Research raised shares of Zoe’s Kitchen from a “sell” rating to a “hold” rating in a research report on Wednesday, May 17th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $19.33.

Shares of Zoe’s Kitchen (NYSE:ZOES) traded down 1.9103% during trading on Monday, reaching $11.3686. 388,954 shares of the company traded hands. The firm has a market capitalization of $221.55 million, a PE ratio of 541.3619 and a beta of 0.39. Zoe’s Kitchen has a 12 month low of $10.94 and a 12 month high of $38.00. The firm has a 50-day moving average price of $14.80 and a 200-day moving average price of $19.01.

Zoe’s Kitchen (NYSE:ZOES) last posted its quarterly earnings results on Friday, June 2nd. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The business had revenue of $90.60 million during the quarter, compared to analyst estimates of $92.61 million. Zoe’s Kitchen had a net margin of 0.15% and a return on equity of 0.62%. The firm’s revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 earnings per share. Equities research analysts anticipate that Zoe’s Kitchen will post ($0.05) EPS for the current year.

COPYRIGHT VIOLATION NOTICE: “Zoe’s Kitchen, Inc. (ZOES) Receives Hold Rating from Deutsche Bank AG” was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/07/10/zoes-kitchen-inc-zoes-receives-hold-rating-from-deutsche-bank-ag.html.

Institutional investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP raised its position in Zoe’s Kitchen by 1,002.6% in the first quarter. Quantbot Technologies LP now owns 7,950 shares of the restaurant operator’s stock worth $147,000 after buying an additional 7,229 shares in the last quarter. Bank of Montreal Can purchased a new position in Zoe’s Kitchen during the first quarter worth approximately $188,000. American International Group Inc. raised its position in Zoe’s Kitchen by 7.1% in the first quarter. American International Group Inc. now owns 11,765 shares of the restaurant operator’s stock worth $218,000 after buying an additional 781 shares in the last quarter. IFP Advisors Inc raised its position in Zoe’s Kitchen by 44.4% in the first quarter. IFP Advisors Inc now owns 13,000 shares of the restaurant operator’s stock worth $240,000 after buying an additional 4,000 shares in the last quarter. Finally, Keybank National Association OH raised its position in Zoe’s Kitchen by 86.7% in the first quarter. Keybank National Association OH now owns 17,891 shares of the restaurant operator’s stock worth $331,000 after buying an additional 8,307 shares in the last quarter.

Zoe’s Kitchen Company Profile

Zoe’s Kitchen, Inc develops and operates fast-casual restaurants serving a menu of fresh, wholesome, Mediterranean-inspired dishes delivered with Southern hospitality. The Company’s menu offers meals made from scratch using produce, proteins and other ingredients, including its appetizers, soups, salads and kabobs.

Analyst Recommendations for Zoe`s Kitchen (NYSE:ZOES)

Receive News & Ratings for Zoe's Kitchen Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zoe's Kitchen Inc. and related companies with MarketBeat.com's FREE daily email newsletter.