Cowen & Co. Reaffirms Their Hold Rating on Jack In The Box Inc (JACK)


Cowen & Co. analyst Andrew Charles maintained a Hold rating on Jack In The Box Inc (JACK) yesterday and set a price target of $81. The company’s shares closed yesterday at $74.43, close to its 52-week low of $70.77.

According to TipRanks.com, Charles is a 5-star analyst with an average return of 16.9% and a 72.7% success rate. Charles covers the Services sector, focusing on stocks such as Restaurant Brands International, McDonald’s Corp, and Domino’s Pizza.

Currently, the analyst consensus on Jack In The Box Inc is a Hold with an average price target of $86.50.

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Jack In The Box Inc’s market cap is currently $1.92B and has a P/E ratio of 16.02. The company has a Price to Book ratio of -3.24.

Based on the recent corporate insider activity of 113 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2019, Carol Diraimo, the VP, CHIEF IR & CP COMM OFFICER of JACK sold 590 shares for a total of $48,392.

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.

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 segments.

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