Wedbush disclosed Del Taco (NASDAQ:TACO), boosting its price target to $17.00 earlier today
- Updated: October 18, 2016
Reporting a potential upside of 0.35%, Wedbush upped the price target of Del Taco (NASDAQ:TACO) to $17.00
On 5/3/2016, Wedbush released a statement about Del Taco (NASDAQ:TACO) dropped the target price from $16.00 to $15.00 that suggested an upside of 0.58%.
Having a price of $12.63, Del Taco (NASDAQ:TACO) traded 10.02% higher on the day. With the last stock price up 36.72% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TACO has recorded a 50-day average of $11.58 and a two hundred day average of $10.16. Trade Volume was up over the average, with 3,728,836 shares of TACO changing hands over the typical 377,548
Recent Performance Chart
Del Taco has PE ratio of 34.31 with a one year low of $8.37 and a one year high of $14.56 and has a market capitalization of $0.
A total of 7 brokerages have issued a ratings update on Del Taco. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $14.86.
General Company Details For Del Taco (NASDAQ:TACO)
Del Taco Restaurants, Inc., formerly Levy Acquisition Corporation, is an operator and franchisor of restaurants featuring fresh and fast made-to-order cuisine, including both Mexican inspired and American classic dishes. The Company operates Del Taco restaurants in approximately 20 states, including over one franchised restaurant in Guam. The Company has approximately 300 Company-operated and over 250 franchised restaurants. The Company's menu offers a combination of Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries and milkshakes. Additionally, the Company's menu features both premium items such as Epic Burritos, Handcrafted Ensaladas and Fresca Bowls, as well as lower priced items on its Buck & Under Menu. Del Taco restaurant is a free-standing building with drive-in service that ranges in size from 2,000 to 2,600 square feet.
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