Cowen & Co. analyst Andrew Charles maintained a Hold rating on Jack In The Box Inc (JACK) today and set a price target of $81. The company’s shares closed on Friday at $80.64, close to its 52-week low of $75.09.
According to TipRanks.com, Charles is a 5-star analyst with an average return of 13.9% and a 67.3% success rate. Charles covers the Services sector, focusing on stocks such as McDonald’s Corp, Starbucks Corp, and Yum! Brands.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jack In The Box Inc with a $90.33 average price target.
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Based on Jack In The Box Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $48.96 million. In comparison, last year the company had a net profit of $29.96 million.
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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.
