Maxim Group analyst Stephen Anderson maintained a Buy rating on Good Times Restaurants Inc (GTIM) today and set a price target of $7. The company’s shares closed yesterday at $3.80.
Anderson said:
“We maintain our Buy rating and $7 price target on Good Times Restaurants (GTIM) following the release of full F4Q18 (September) results yesterday.”
According to TipRanks.com, Anderson is a top 100 analyst with an average return of 12.2% and a 68.7% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Dine Brands Global Inc, and Del Taco Restaurants.
Good Times Restaurants Inc has an analyst consensus of Moderate Buy, with a price target consensus of $7.
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The company has a one-year high of $5.25 and a one-year low of $2.25. Currently, Good Times Restaurants Inc has an average volume of 23.04K.
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Good Times Restaurants, Inc. operates through its subsidiaries, engages in the business of developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through the Good Times Burgers and Frozen Custard Restaurants, and Bad Daddy’s Burger Bar Restaurants segments.