Cowen & Co. Remains a Hold on Jack In The Box Inc (JACK)
In a report released today, Andrew Charles from Cowen & Co. maintained a Hold rating on Jack In The Box Inc (JACK), with a price target of $81. The company’s shares opened today at $87.66.
According to TipRanks.com, Charles is a 5-star analyst with an average return of 13.9% and a 67.7% success rate. Charles covers the Services sector, focusing on stocks such as McDonald’s Corp, Starbucks Corp, and Yum! Brands.
Jack In The Box Inc has an analyst consensus of Moderate Buy, with a price target consensus of $90.90, which is a 3.7% upside from current levels. In a report issued on November 20, Wedbush also maintained a Hold rating on the stock with a $85 price target.
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Jack In The Box Inc’s market cap is currently $2.28B and has a P/E ratio of 27.72. The company has a Price to Book ratio of -3.85.
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Jack in the Box, Inc. engages in operating and franchising a chain of quick-service and fast-casual restaurants. It operates through the Jack in the Box Restaurant segments.