BTIG Remains a Hold on Wingstop (WING)


BTIG analyst Peter Saleh maintained a Hold rating on Wingstop (WING) yesterday. The company’s shares closed last Wednesday at $156.98.

According to TipRanks.com, Saleh is a 5-star analyst with an average return of 26.0% and a 78.9% success rate. Saleh covers the Services sector, focusing on stocks such as Texas Roadhouse, Kura Sushi USA, and Drive Shack.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wingstop with a $167.50 average price target, a 12.8% upside from current levels. In a report issued on April 16, RBC Capital also maintained a Hold rating on the stock with a $140.00 price target.

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Wingstop’s market cap is currently $4.67B and has a P/E ratio of 186.00. The company has a Price to Book ratio of -9.82.

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Wingstop, Inc. is a franchisor and operator of restaurants, which engages in the provision of cooked-to-order, hand-sauced, and tossed chicken wings. It operates through Franchise and Company segments. The Franchise segment consists of domestic and international franchise restaurants. The Company segment comprises company-owned restaurants. The company was founded in 1994 and is headquartered in Dallas, TX.

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