Wedbush analyst Nick Setyan maintained a Hold rating on Cheesecake Factory (CAKE) today and set a price target of $48. The company’s shares closed on Friday at $46.14.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.3% and a 55.8% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Del Taco Restaurants, and Jack In The Box Inc.
Cheesecake Factory has an analyst consensus of Moderate Buy, with a price target consensus of $48.67.
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Cheesecake Factory’s market cap is currently $2.1B and has a P/E ratio of 15.26. The company has a Price to Book ratio of 3.43.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is neutral on the stock.
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Cheesecake Factory, Inc. engages in the operation of chain restaurants. Its menu offering includes appetizers, pizza, seafood, steaks, chicken, burgers, small plates, pastas, salads, sandwiches, omelettes, and desserts. The company was founded by David M. Overton, Oscar Overton, and Evelyn Overton in 1972 and is headquartered in Calabasas Hills, CA.
