In a report released today, Nick Setyan from Wedbush maintained a Buy rating on Del Taco Restaurants (TACO), with a price target of $14. The company’s shares closed yesterday at $10.59.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 3.9% and a 55.9% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Jack In The Box Inc, and Cheesecake Factory.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Del Taco Restaurants with a $15.50 average price target, representing a 46.4% upside. In a report issued on March 8, Maxim Group also maintained a Buy rating on the stock with a $16 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 213K.
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Del Taco Restaurants, Inc. engages in developing, franchising, owning, and operating Del Taco quick-service Mexican-American restaurants. It offers Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries, and milkshakes.
