In a report released today, Sara Senatore from Bank of America Securities maintained a Buy rating on Jack In The Box (JACK – Research Report). The company’s shares opened today at $60.02.
According to TipRanks, Senatore is a 4-star analyst with an average return of 9.7% and a 53.85% success rate. Senatore covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Darden Restaurants, and McDonald’s.
Jack In The Box has an analyst consensus of Moderate Buy, with a price target consensus of $84.31.
JACK market cap is currently $1.17B and has a P/E ratio of 10.48.
Based on the recent corporate insider activity of 110 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JACK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Jack In The Box (JACK) Company Description:
Jack in the Box, Inc. engages in operating and franchising a chain of quick-service and fast-casual restaurants. It operates through the Jack in the Box Restaurant segments. The Jack in the Box Restaurant segment offers a broad selection of distinctive products including burgers like Jumbo Jack burgers, and product lines such as Buttery Jack burgers including the Brunchfast menu. The company was founded by Robert Oscar Peterson in 1951 and is headquartered in San Diego, CA.
Read More on JACK:
- Jack in the Box price target lowered to $75 from $80 at Morgan Stanley
- Jack in the Box partners with Qu to modernize stores
- Del Taco Introduces 2 for $3 Crispy Chicken Tacos and Egg & Cheese Breakfast Rollers
- Oracle upgraded, Under Armour downgraded: Wall Street’s top analyst calls
- Jack in the Box upgraded to Outperform from Neutral at Wedbush
