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Wedbush Reaffirms Their Hold Rating on BJ’s Restaurants (BJRI)

In a report released today, Nick Setyan from Wedbush maintained a Hold rating on BJ’s Restaurants (BJRIResearch Report), with a price target of $29.00. The company’s shares closed yesterday at $26.88.

According to TipRanks, Setyan is a 4-star analyst with an average return of 5.1% and a 44.70% success rate. Setyan covers the Services sector, focusing on stocks such as Jack In The Box, BJ’s Restaurants, and Chipotle.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BJ’s Restaurants with a $26.50 average price target.

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BJRI market cap is currently $630.4M and has a P/E ratio of -137.28.

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BJ’s Restaurants, Inc. engages in the ownership and operation of casual dining restaurants. The firm operates BJ’s Restaurant and Brewery, BJ’s Restaurant & Brewhouse, BJ’s Pizza and Grill or BJ’s Grill. It offers pizzas, appetizers, specialty salads, soups, pastas, sandwiches, entrées, desserts, and proprietary craft beers. The company was founded in 1978 and is headquartered in Huntington Beach, CA.

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