In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Chanticleer Holdings Inc (BURG), with a price target of $3.50. The company’s shares opened today at $1.75.
According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 27.1% and a 67.6% success rate. Grondahl covers the Financial sector, focusing on stocks such as Front Yard Residential Corporation, Altisource Portfolio Solutions SA, and Health Insurance Innovations.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chanticleer Holdings Inc with a $3.50 average price target.
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The company has a one-year high of $3.99 and a one-year low of $1.23. Currently, Chanticleer Holdings Inc has an average volume of 13.75K.
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Chanticleer Holdings, Inc. engages in the ownership, operation, and franchising of fast casual dining concepts domestically and internationally. It operates through the following business segments: Hooters Full Service, Better Burgers Fast Casual, Just Fresh Fast Causal, and Corporate and Other.
