SunTrust Robinson analyst Jake Bartlett reiterated a Buy rating on Carrols Restaurant Group (NASDAQ: TAST) yesterday and set a price target of $19. The company’s shares closed yesterday at $15.80, close to its 52-week high of $16.20.
According to TipRanks.com, Bartlett is a 4-star analyst with an average return of 12.3% and a 64.4% success rate. Bartlett covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Jack In The Box Inc, and McDonald’s Corp.
Carrols Restaurant Group has an analyst consensus of Moderate Buy, with a price target consensus of $17.
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Carrols Restaurant Group’s market cap is currently $564.4M and has a P/E ratio of 83.16. The company has a Price to Book ratio of 3.37.
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Carrols Restaurant Group, Inc. owns and operates restaurants under the Burger King brand. The Burger King restaurants serve flame-broiled whopper sandwich, hamburgers, chicken and other specialty sandwiches, fries, salads, breakfast items, smoothies, frappes and other snacks. The company was founded in 1960 and is headquartered in Syracuse, NY.
