In a report released yesterday, Jeff Bernstein from Barclays maintained a Hold rating on Jack In The Box Inc (JACK), with a price target of $86. The company’s shares closed yesterday at $79.64, close to its 52-week low of $75.09.
According to TipRanks.com, Bernstein is a 5-star analyst with an average return of 8.2% and a 70.9% success rate. Bernstein covers the Services sector, focusing on stocks such as Cheesecake Factory, BJ’s Restaurants, and McDonald’s Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jack In The Box Inc with a $88.63 average price target, implying an 11.3% upside from current levels. In a report released yesterday, Cowen & Co. also assigned a Hold rating to the stock with a $81 price target.
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The company has a one-year high of $108.55 and a one-year low of $75.09. Currently, Jack In The Box Inc has an average volume of 536.6K.
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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 and Qdoba Restaurant business segments.
