Wedbush Thinks Jack In The Box Inc’s Stock is Going to Recover

Wedbush analyst Nick Setyan maintained a Buy rating on Jack In The Box Inc (NASDAQ: JACK) today and set a price target of $115. The company’s shares closed yesterday at $83.65, close to its 52-week low of $79.23.

According to, Setyan is a 4-star analyst with an average return of 7.9% and a 63.0% success rate. Setyan covers the Services sector, focusing on stocks such as Del Taco Restaurants, Cheesecake Factory, and Habit Restaurants.

Jack In The Box Inc has an analyst consensus of Moderate Buy, with a price target consensus of $101.71.

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Jack In The Box Inc’s market cap is currently $2.28B and has a P/E ratio of 23.53. The company has a Price to Book ratio of -4.65.

Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock.

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Jack in the Box, Inc. engages in operating and franchising a chain of quick-service and fast-casual restaurants. It operates through the Jack in the Box Restaurant and Qdoba Restaurant business segments.

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