Maxim Group analyst Stephen Anderson maintained a Hold rating on Habit Restaurants (NASDAQ: HABT) today and set a price target of $15. The company’s shares closed on Friday at $13.93.
Anderson observed:
“We maintain our Hold rating and $15 price target on The Habit Restaurants (HABT) ahead of the release of 3Q18 (September) results on Tuesday, October 30, after the close.”
According to TipRanks.com, Anderson is a top 100 analyst with an average return of 13.5% and a 70.3% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
Habit Restaurants has an analyst consensus of Moderate Buy, with a price target consensus of $16.
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Based on Habit Restaurants’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $2.06 million. In comparison, last year the company had a net profit of $397K.
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The Habit Restaurants, Inc. owns and operates restaurants. It operates The Habit Burger Grill, which prepares made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna. The company was founded on July 24, 2014 and is headquartered in Irvine, CA.
