A report released earlier today by Zacks Investment Research about Carrols Restaurant Group, Inc. (NASDAQ:TAST) raises the target price to $14.00
- Updated: September 21, 2016
Reporting as potential upside of 0.09%, Zacks Investment Research bumped up the target of Carrols Restaurant Group, Inc. (NASDAQ:TAST) to $14.00
Having a price of $12.81, Carrols Restaurant Group, Inc. (NASDAQ:TAST) traded -1.40% lower on the day. With the last close down -3.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Carrols Restaurant Group, Inc. has recorded a 50-day average of $13.16 and a two hundred day average of $13.11. Volume of trade was down over the average, with 167,438 shares of TAST changing hands under the typical 253,550
With a total market value of $0, Carrols Restaurant Group, Inc. has price-earnings ratio of 24.59 with a one year low of $10.57 and a one year high of $14.80 .
More About Carrols Restaurant Group, Inc. (NASDAQ:TAST)
Carrols Restaurant Group, Inc. is a holding company. The Company conducts all of its operations through its direct and indirect subsidiaries. The Company operates in the hamburger category of the quick-service restaurant segment of the restaurant industry. The Company is a Burger King franchisee in the United States and operates its restaurants under the Burger King trade name. The Company owns and operates approximately 705 Burger King restaurants located in over 20 Northeastern, Midwestern and Southeastern states, such as Illinois, Indiana, Kentucky, Maine, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Vermont, Virginia and West Virginia. Burger King restaurants feature the Whopper sandwich, as well as a range of hamburgers, chicken and other sandwiches, French fries, salads, breakfast items, hot dogs, snacks, smoothies, frappes and other offerings. Its subsidiaries include Carrols LLC and Carrols Corporation.
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