Stock Update (NASDAQ: LOCO): El Pollo Loco Continues Houston Area Expansion With New Katy Restaurant
El Pollo Loco (Nasdaq:LOCO), the nation’s leading fire-grilled chicken restaurant chain, celebrated the grand opening of its newest location in Katy, TX on Tuesday, January 27. The new restaurant, located at 390 S. Mason Road, hosted a ribbon cutting ceremony featuring remarks from local dignitaries… Read more »
Shares of El Pollo LoCo Holdings opened today at $25.84 and are currently trading down at $25.6198. LOCO has a 1-year high of $41.70 and a 1-year low of $18.48. The stock’s 50-day moving average is $22.69 and it’s 200-day moving average is $30.93.
On the ratings front, El Pollo LoCo Holdings (NASDAQ:LOCO) has been the subject of a number of recent research reports. In a report issued on January 6, Jefferies Co. analyst Andy Barish upgraded LOCO to Buy, with a price target of $27, which represents a slight upside potential from current levels. Separately, on January 5, Robert W. Baird`s David Tarantino upgraded the stock to Buy and has a price target of $34.
El Pollo Loco Holdings Inc, through its indirect subsidiary, El Pollo Loco, Inc. develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco.