Citigroup analyst Greg Badishkanian maintained a Buy rating on Noodles & Co (NASDAQ: NDLS) today and set a price target of $12. The company’s shares opened today at $9.39.
According to TipRanks.com, Badishkanian is a 5-star analyst with an average return of 12.2% and a 62.9% success rate. Badishkanian covers the Services sector, focusing on stocks such as International Speedway, Del Taco Restaurants, and Natural Grocers.
Noodles & Co has an analyst consensus of Moderate Buy, with a price target consensus of $12.67, representing a 34.9% upside. In a report issued on October 16, SunTrust Robinson also upgraded the stock to Buy with a $15 price target.
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The company has a one-year high of $13.50 and a one-year low of $3.95. Currently, Noodles & Co has an average volume of 543.9K.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.
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Noodles & Co. engages in the restaurant industry, which offers lunch and dinner meals. It serves a variety of cooked-to-order dishes, which include noodles and pasta, soups, salads, sandwiches, and appetizers. The company was founded by Aaron Kennedy in 1995 and is headquartered in Broomfield, CO.
