Shares of Fogo De Chao Inc (NASDAQ:FOGO) have received a consensus rating of “Hold” from the ten ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $14.17.
Several equities analysts recently commented on FOGO shares. Credit Suisse Group dropped their price objective on Fogo De Chao from $12.00 to $11.50 and set a “neutral” rating on the stock in a research note on Thursday, November 9th. Zacks Investment Research upgraded Fogo De Chao from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 10th. TheStreet downgraded Fogo De Chao from a “c-” rating to a “d+” rating in a research note on Friday, November 3rd. Canaccord Genuity dropped their price objective on Fogo De Chao from $15.00 to $13.00 and set a “buy” rating on the stock in a research note on Wednesday, November 8th. Finally, BidaskClub upgraded Fogo De Chao from a “strong sell” rating to a “sell” rating in a research note on Thursday, December 14th.
Fogo De Chao (NASDAQ FOGO) opened at $12.40 on Friday. Fogo De Chao has a 12 month low of $10.30 and a 12 month high of $17.05. The company has a quick ratio of 1.41, a current ratio of 1.54 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $346.10, a P/E ratio of 15.91, a P/E/G ratio of 1.00 and a beta of 0.58.
About Fogo De Chao
Fogo de Chao, Inc is a United States-based holding company. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company owns 100% of Brasa (Purchaser) Inc (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc (Brasa Holdings).
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