BJ’s Restaurants Gets a Hold Rating from Oppenheimer


Oppenheimer analyst Brian Bittner maintained a Hold rating on BJ’s Restaurants (NASDAQ: BJRI) today. The company’s shares closed yesterday at $59, close to its 52-week high of $60.

According to TipRanks.com, Bittner is a 5-star analyst with an average return of 11.5% and a 69.9% success rate. Bittner covers the Services sector, focusing on stocks such as Restaurant Brands International, Jack In The Box Inc, and Cheesecake Factory.

BJ’s Restaurants has an analyst consensus of Moderate Buy, with a price target consensus of $57.25.

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The company has a one-year high of $60 and a one-year low of $28. Currently, BJ’s Restaurants has an average volume of 432.5K.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Lon Ledwith, the EVP Operations of BJRI sold 10,083 shares for a total of $564,648.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BJ’s Restaurants, Inc. engages in the ownership and operation of casual dining restaurants. It operates BJ’s Restaurant and Brewery, BJ’s Restaurant & Brewhouse, BJ’s Pizza and Grill or BJ’s Grill. It offers pizzas, appetizers, specialty salads, soups, pastas, sandwiches, entrées, desserts, and proprietary craft beers.

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