Maxim Group analyst Stephen Anderson maintained a Hold rating on Potbelly Corp (NASDAQ: PBPB) today and set a price target of $13. The company’s shares closed on Friday at $12.15.
Anderson said:
“We maintain our Hold rating and $13 price target on Potbelly Corporation (PBPB) ahead of the release of 2Q18 (June) results on Tuesday, August 7 after the close.”
According to TipRanks.com, Anderson is a top 100 analyst with an average return of 14.2% and a 73.0% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Potbelly Corp with a $13 average price target.
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The company has a one-year high of $13.75 and a one-year low of $10.60. Currently, Potbelly Corp has an average volume of 154.5K.
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Potbelly Corp. engages in owning and operating sandwich restaurants. It offers toasty warm sandwiches, signature salads, and other fresh menu items. The company was founded in 1977 and is headquartered in Chicago, IL.
