In a report released today, Stephen Anderson from Maxim Group maintained a Buy rating on Del Taco Restaurants (TACO), with a price target of $14. The company’s shares closed yesterday at $11.71.
Anderson commented:
“We maintain our Buy rating and $14 price target on Del Taco (TACO) following yesterday’s mixed 1Q19 (March) earnings report.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 10.8% and a 70.9% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.
Currently, the analyst consensus on Del Taco Restaurants is a Strong Buy with an average price target of $13.25, representing a 13.2% upside. In a report released today, Wedbush also maintained a Buy rating on the stock with a $14 price target.
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The company has a one-year high of $14.83 and a one-year low of $9.46. Currently, Del Taco Restaurants has an average volume of 232.1K.
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Del Taco Restaurants, Inc. engages in developing, franchising, owning, and operating restaurants featuring fresh and fast made-to-order cuisine, including both Mexican inspired and American classic dishes. It offers Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries, and milkshakes.
