In a report released yesterday, Alexander Slagle from Jefferies reiterated a Hold rating on Jack In The Box Inc (NASDAQ: JACK), with a price target of $100. The company’s shares closed yesterday at $92.76.
According to TipRanks.com, Slagle is a 4-star analyst with an average return of 9.9% and a 63.8% success rate. Slagle covers the Services sector, focusing on stocks such as Papa John’s International, Red Robin Gourmet, and BJ’s Restaurants.
Currently, the analyst consensus on Jack In The Box Inc is a Moderate Buy with an average price target of $98.63, representing a 6.3% upside. In a report issued on August 8, Cowen & Co. also maintained a Hold rating on the stock with a $94 price target.
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Jack In The Box Inc’s market cap is currently $2.53B and has a P/E ratio of 27.09. The company has a Price to Book ratio of -5.15.
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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.
