Wedbush analyst Nick Setyan maintained a Hold rating on Jack In The Box Inc (JACK) today and set a price target of $85. The company’s shares opened today at $81.38.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 6.8% and a 62.6% success rate. Setyan covers the Services sector, focusing on stocks such as Del Taco Restaurants, Cheesecake Factory, and Habit Restaurants.
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, which is an 8.9% 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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Jack In The Box Inc’s market cap is currently $2.17B and has a P/E ratio of 22.40. The company has a Price to Book ratio of -4.43.
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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.
