In a report released today, Nick Setyan from Wedbush maintained a Buy rating on Del Taco Restaurants (TACO), with a price target of $14. The company’s shares closed yesterday at $11.71.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 5.2% and a 59.4% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Jack In The Box Inc, and Cheesecake Factory.
Del Taco Restaurants has an analyst consensus of Strong Buy, with a price target consensus of $13.25, implying a 13.2% upside from current levels. In a report issued on April 30, Maxim Group also maintained a Buy rating on the stock with a $14 price target.
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The company has a one-year high of $14.83 and a one-year low of $9.46. Currently, Del Taco Restaurants has an average volume of 232.1K.
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Del Taco Restaurants, Inc. engages in developing, franchising, owning, and operating restaurants featuring fresh and fast made-to-order cuisine, including both Mexican inspired and American classic dishes. It offers Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries, and milkshakes.