Craig-Hallum analyst Jeremy Hamblin assigned a Buy rating to the stock today. The company’s shares closed yesterday at $7.50.
Hamblin covers the Consumer Cyclical sector, focusing on stocks such as Potbelly, Carrols Restaurant Group, and Citi Trends. According to TipRanks, Hamblin has an average return of 8.0% and a 55.46% success rate on recommended stocks.
Currently, the analyst consensus on GEN Restaurant Group, Inc. Class A is a Strong Buy with an average price target of $12.00, representing a 60.00% upside. In a report released on March 7, Roth MKM also maintained a Buy rating on the stock with a $10.00 price target.
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The company has a one-year high of $20.50 and a one-year low of $5.61. Currently, GEN Restaurant Group, Inc. Class A has an average volume of 61.28K.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GENK 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.
GEN Restaurant Group, Inc. Class A (GENK) Company Description:
GEN Restaurant Group, Inc. operates restaurants in California, Arizona, Hawaii, Nevada, New York, and Texas. Its restaurants specialize in various flavored meats for Korean barbeque. The company was founded in 2011 and is based in Cerritos, California.
Read More on GENK:
- Gen Restaurant Group price target lowered to $10 from $13 at Craig-Hallum
- Gen Restaurant Group price target lowered to $10 from $11 at Roth MKM
- GEN Restaurant Group, Inc. Announces Fourth Quarter 2023 Financial Results
- Gen Restaurant Group price target lowered to $11 from $14 at Roth MKM
- GEN Restaurant Group, Inc. Class A (GENK) Q4 Earnings Cheat Sheet
