Panera Bread Co (NASDAQ:PNRA) has been upgraded to Buy in a statement by Longbow Research today.
- Updated: October 10, 2016
Having a price of $189.28, Panera Bread Co (NASDAQ:PNRA) traded 2.29% higher on the day. With the last close down -8.30% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. PNRA has recorded a 50-day average of $205.36 and a two hundred day average of $211.13. Trade Volume was down over the average, with 232,703 shares of PNRA changing hands under the typical 473,628
Longbow Research has upgraded Panera Bread Co (NASDAQ:PNRA) to Buy in a statement released on 10/10/2016.
On Thursday September 29, 2016, Maxim Group released a statement on Panera Bread Co (NASDAQ:PNRA) upped the target price from $230.00 to $250.00 that suggested an upside of 0.30%.
Recent Performance Chart
Panera Bread Co has PE ratio of 32.77 with a one year low of $165.17 and a one year high of $224.15 and has a market capitalization of $0.
A total of 17 analysts have released a report on Panera Bread Co. Six analysts rating the company a strong buy, eight analysts rating the company a buy, thirteen analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $231.53.
General Company Details For Panera Bread Co (NASDAQ:PNRA)
Panera Bread Company (Panera) is a food service provider. Panera is a national bakery-cafe concept with approximately 1,970 Company-owned and franchise-operated bakery-cafe locations in over 45 states, the District of Columbia, and Ontario, Canada. The Company operates through three segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. The Company's menu groups are daily baked goods, including a range of freshly baked bagels, breads, muffins, scones, rolls, and sweet goods, made-to-order sandwiches on freshly baked breads, soups, freshly prepared and hand-tossed salads, pasta dishes, and roasted coffees and cafe beverages, such as hot or cold espresso and cappuccino drinks and smoothies. The Company offers Panera Catering, a catering service that provides breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks, and bakery items.
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.