Wendys Co (NASDAQ:WEN) target bumped up to $14.24, released a report earlier today by Vetr Inc.
- Updated: November 30, 2016
Having a price of $12.72, Wendys Co (NASDAQ:WEN) traded -2.41% lower on the day. With the last close up 20.75% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. WEN has recorded a 50-day average of $11.32 and a two hundred day average of $10.41. Trade Volume was down over the average, with 0 shares of WEN changing hands under the typical 3,822,700
Reporting a potential upside of 0.12%, Vetr Inc. upped the price target of Wendys Co (NASDAQ:WEN) to $14.24
Recent Performance Chart
Wendys Co has PE ratio of 18.27 with a one year low of $8.89 and a one year high of $13.16 and has a market capitalization of $0.
A total of 17 analysts have released a report on Wendys Co. Four analysts rating the company a strong buy, eight analysts rating the company a buy, ten analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $11.65.
General Company Details For Wendys Co (NASDAQ:WEN)
The Wendy's Company is the parent company of its subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants). Wendy's Restaurants is the parent company of Wendy's International, LLC (Wendy's), which is the owner and franchisor of the Wendy's restaurant system in the United States. Wendy's is the restaurant company specializing in the hamburger sandwich segment. Wendy's is engaged in the business of operating, developing and franchising a system of restaurants serving food. The Company operates approximately 6,080 Wendy's restaurants in North America. Of these restaurants, over 630 are operated by Wendy's and over 5,440 by approximately 390 franchisees. It also operates approximately 400 franchised Wendy's restaurants in over 30 countries and territories other than North America. Wendy's is also a partner in a Canadian restaurant real estate joint venture with a subsidiary of Restaurant Brands International Inc., a restaurant company that owns the Tim Hortons brand.
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