Panera Bread Co (NASDAQ:PNRA) target price raised to $202.50, issued a report today by Vetr Inc.
- Updated: September 24, 2016
Yesterday Panera Bread Co (NASDAQ:PNRA) traded 0.34% higher at $197.60. The company’s 50-day moving average is $213.04 and its 200-day moving average is $212.37. The last closing price is down -6.29% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 328,132 shares of the stock were exchanged, down from an average trading volume of 429,175
Panera Bread Co (NASDAQ:PNRA) had its target price raised to $202.50 by Vetr Inc. in a report released 9/21/2016. The new target price indicates a possible upside of 0.02% based on the company's last closing price.
Previously on Monday September 19, 2016, Vetr Inc. reported on Panera Bread Co (NASDAQ:PNRA) raised the target price from $0.00 to $226.25. At the time, this indicated a possible upside of 0.13%.
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Panera Bread Co has a 52 week low of $165.17 and a 52 week high of $224.15 with a P/E ratio of 33.69 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its target price, a total of 17 brokers have issued a report on the stock. The consensus target price is $231.53 with 6 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 13 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About 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.
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