Maxim Group Maintains a Buy Rating on BJ’s Restaurants (BJRI)


In a report released today, Stephen Anderson from Maxim Group maintained a Buy rating on BJ’s Restaurants (BJRI), with a price target of $72. The company’s shares closed yesterday at $51.97.

Anderson observed:

“We maintain our Buy rating on BJ’s Restaurants (BJRI), though lower our price target to $72, from $84, following mixed 4Q18 (December) results.”

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 11.5% and a 67.9% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.

Currently, the analyst consensus on BJ’s Restaurants is a Moderate Buy with an average price target of $63.40, representing a 22.0% upside. In a report issued on February 11, Wedbush also maintained a Buy rating on the stock with a $68 price target.

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The company has a one-year high of $76.50 and a one-year low of $41.51. Currently, BJ’s Restaurants has an average volume of 507.3K.

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BJ’s Restaurants, Inc. engages in the ownership and operation of casual dining restaurants. It operates BJ’s Restaurant and Brewery, BJ’s Restaurant & Brewhouse, BJ’s Pizza and Grill or BJ’s Grill. It offers pizzas, appetizers, specialty salads, soups, pastas, sandwiches, entrées, desserts, and proprietary craft beers.

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