Stock Update (NASDAQ:LOCO): El Pollo Loco Brings the Heat to Goodyear With New Restaurant
El Pollo Loco (Nasdaq:LOCO), the nation’s leading fire-grilled chicken restaurant chain, celebrated the grand opening of its newest location in Goodyear, AZ on Thursday, January 8. The new restaurant, located at 13233 W. McDowell Road, hosted a ribbon cutting ceremony which included featured remarks from John Safin, President and CEO of the Southwest Valley Chamber of Commerce… Read more
Shares of El Pollo LoCo Holdings opened today at $24.3 and are currently trading down at $23.72. 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 $23.72 and it’s 200-day moving average is $31.66.
On the ratings front, El Pollo LoCo Holdings has been the subject of a number of recent research reports. In a report published on January 6, analyst Andy Barish from Jefferies Co. upgraded LOCO to Buy, with a price target of $27, which implies an upside of 11.1% from current levels. Separately, on January 5, Robert W. Baird`s David Tarantino also upgraded El Pollo LoCo shares to Buy with 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.