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Vetr Inc. disclosed Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI), hiking its stock price target to $50.49 earlier today

Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI) had its price target raised to $50 by Vetr Inc. in a report released 8/17/2016. The increased target price suggests a possible downside of -0.11% based on the bussiness’ last stock close price.

On 8/17/2016, Maxim Group released a statement on Popeyes Louisiana Kitchen Inc(NASDAQ:PLKI) upped the target price at $60.00. At the time, this indicated a possible upside of 0.03%.

Showing a price of $56.87, Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI) traded 0.67% higher on the day. With the last stock price close up 1.15% relative to the 200-day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. PLKI has been tracking to a 50-day moving average of $55.86 and 200-day moving average of $54.83. 389,955 shares of Popeyes Louisiana Kitchen Inc traded hands, up from ann average trading volume of 216,147

Performance Chart:

Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI)

Popeyes Louisiana Kitchen Inc has a P/E of 28 with a 52 week low of $49.11 and a one-year high of $63.00 and has a market capitalization of $0.0.

A total of 9 brokers have issued a ratings update on PLKI. Four firms rate the company a strong buy, one analyst rate the company a buy, four analyts rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the company as sell with a one year target of $62.61

General Company Details For Popeyes Louisiana Kitchen Inc (NASDAQ:PLKI)

Popeyes Louisiana Kitchen, Inc. operates and franchises quick-service restaurants (QSRs or restaurants) under the trade names Popeyes Louisiana Kitchen and Popeyes Chicken & Biscuits. The Company operates through two segments: franchise operations and company-operated restaurants. The franchise segment consists of domestic and international franchising activities. Within the QSR industry, it offers Louisiana style menu that features spicy chicken, chicken tenders, fried shrimp and other seafood, red beans and rice and other regional items. It operates and franchises approximately 2, 539 Popeyes restaurants in over 48 states, the District of Columbia, three territories and 27 foreign countries. Its approximately 1, 900 domestic franchised restaurants are concentrated in Texas, California, Florida, Louisiana, New York, Illinois, Georgia, Maryland, New Jersey, Virginia and Mississippi. Its approximately 569 international franchised restaurants are located in Turkey, and South Korea and Canada.

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