Bojangles Inc (BOJA) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Bojangles Inc (NASDAQ:BOJA) have earned a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $16.75.

A number of brokerages have recently issued reports on BOJA. Zacks Investment Research upgraded Bojangles from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Royal Bank of Canada cut their price target on Bojangles from $16.00 to $14.00 and set a “sector perform” rating for the company in a research note on Thursday, November 2nd. Cowen cut Bojangles from an “outperform” rating to a “market perform” rating and set a $23.00 price target for the company. in a research note on Friday, October 20th. SunTrust Banks reiterated a “buy” rating and issued a $19.00 price target on shares of Bojangles in a research note on Wednesday, January 3rd. Finally, BidaskClub upgraded Bojangles from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 4th.

Several hedge funds have recently modified their holdings of BOJA. Amica Retiree Medical Trust bought a new stake in shares of Bojangles in the third quarter valued at approximately $119,000. Engineers Gate Manager LP bought a new stake in Bojangles during the fourth quarter worth $153,000. Nationwide Fund Advisors lifted its stake in Bojangles by 65.3% during the second quarter. Nationwide Fund Advisors now owns 9,754 shares of the restaurant operator’s stock worth $159,000 after purchasing an additional 3,852 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Bojangles by 30.5% during the second quarter. Alliancebernstein L.P. now owns 13,700 shares of the restaurant operator’s stock worth $223,000 after purchasing an additional 3,200 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Bojangles during the third quarter worth $223,000. Institutional investors and hedge funds own 90.28% of the company’s stock.

Shares of Bojangles (NASDAQ:BOJA) traded down $0.10 during trading hours on Friday, hitting $11.65. The stock had a trading volume of 491,601 shares, compared to its average volume of 373,446. Bojangles has a 12 month low of $11.45 and a 12 month high of $22.35. The company has a market capitalization of $435.56, a PE ratio of 13.55, a PEG ratio of 1.38 and a beta of 1.92. The company has a current ratio of 0.64, a quick ratio of 0.56 and a debt-to-equity ratio of 0.66.

ILLEGAL ACTIVITY NOTICE: This story was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at

About Bojangles

Bojangles’, Inc is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company’s menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin’s; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea.

Analyst Recommendations for Bojangles (NASDAQ:BOJA)

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

Leave a Reply