Breaking Finance News

Jack In The Box Inc. (NDAQ:JACK) target bumped down to $104.00, issued a ratings update today by Wedbush

Boasting a price of $102.56, Jack In The Box Inc. (NDAQ:JACK) traded 1.76% higher on the day. With the last stock price close up 4.55% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Jack In The Box Inc. has recorded a 50-day average of $98.73 and a two hundred day average of $99.50. Trading volume was down over the average, with 463,098 shares of JACK changing hands under the typical 554,777

In a statement issued on 11/20/2017 Wedbush reduced the stock price target of Jack In The Box Inc. (NDAQ:JACK) from $115.00 to $104.00 stating a potential upside of 0.01%.

On 10/4/2017, Telsey Advisory Group released a statement for Jack In The Box Inc. (NDAQ:JACK) bumped up the target price from $0.00 to $118.00 that suggested an upside of 0.18%.

Performance Chart

Jack In The Box Inc. (NDAQ:JACK)

With a total market value of $0, Jack In The Box Inc. has PE ratio of 24.00 with a 52 week low of $90.89 and a 52 week high of $113.30 .

In addition to Wedbush reporting its stock price target, a total of 13 brokers have issued a research note on the company. The one year target is $92.38 with six equity analysts rating the company a strong buy, four analysts rating the company a buy, six equity analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Jack In The Box Inc. (NDAQ:JACK)

Jack in the Box Inc. operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas. Jack in the Box is a hamburger chain, which offers a selection of products, including classic burgers such as, Jumbo Jack burgers, and new product lines, such as Buttery Jack burgers, and its Brunchfast menu. As of October 2, 2016, the Company operated 2,954 Jack in the Box QSRs and Qdoba fast-casual restaurants. As of October 2, 2016, Jack in the Box system included 2,255restaurants, of which 417 were company-operated and 1,838 were franchise operated. As of October 2, 2016, the Qdoba system included 699 restaurants, of which 367 were company operated and 332 were franchise operated.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *