.png "Shake Shack (NYSE: SHAK)")
Wedbush analyst Nick Setyan maintained a Hold rating on Shake Shack (SHAK) today and set a price target of $54. The company’s shares closed yesterday at $52.25.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.3% and a 55.2% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Del Taco Restaurants, and Jack In The Box Inc.
Shake Shack has an analyst consensus of Hold, with a price target consensus of $52.80.
See today’s analyst top recommended stocks >>
The company has a one-year high of $70.12 and a one-year low of $37.95. Currently, Shake Shack has an average volume of 666.5K.
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Shake Shack, Inc. is a holding company, which engages in operating fast food hamburger restaurants. It offers angus beef burgers and flat-top dogs, cage-free chicken, spun-fresh frozen custard, crinkle cut fries, craft beer, and wine. The company was founded by Daniel Harris Meyer on September 23, 2014 and is headquartered in New York, NY.
