Lake Street analyst Mark Smith maintained a Buy rating on The ONE Group Hospitality (STKS – Research Report) today and set a price target of $9.50. The company’s shares closed yesterday at $4.80.
According to TipRanks, Smith is a 5-star analyst with an average return of 17.4% and a 49.48% success rate. Smith covers the Consumer Cyclical sector, focusing on stocks such as Clarus, Vista Outdoor, and The ONE Group Hospitality.
The ONE Group Hospitality has an analyst consensus of Moderate Buy, with a price target consensus of $7.83.
The company has a one-year high of $8.02 and a one-year low of $3.21. Currently, The ONE Group Hospitality has an average volume of 205.8K.
Based on the recent corporate insider activity of 40 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 STKS in relation to earlier this year.
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The ONE Group Hospitality (STKS) Company Description:
The ONE Group Hospitality, Inc. engages in the development, owning, and management of restaurants and lounges. It operates through the following segments: Owned Restaurants; Owned Food, Beverage, and Other; and Managed and Licensed Operations. The Owned Restaurant segment consists of leased restaurant locations and competes in the full-service dining industry. The Owned Food, Beverage, and Other segment comprises operations such as leased restaurant location and food and beverage agreement at the same location, hotel, and offsite banquet offerings. The Managed and Licensed Operations segment includes operations for which a management, incentive, and license fee is received. The company was founded by Jonathan Segal on December 3, 2004 and is headquartered in New York, NY.
Read More on STKS:
- The ONE Group’s Strategic Expansion and Leadership Enhancement
- One Group Hospitality resumed with an Overweight at Stephens
- The ONE Group Announces Executive Stock Incentive Program
- One Group Benihana deal should boost shareholder return, says Lake Street
- Wedbush unsure of One Group holder benefits from Safflower deal
