In a report released yesterday, Chris O`Cull from Stifel Nicolaus maintained a Hold rating on Portillo’s (PTLO – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $19.61.
According to TipRanks, O`Cull is a 5-star analyst with an average return of 12.5% and a 62.68% success rate. O`Cull covers the Services sector, focusing on stocks such as Planet Fitness, Portillo’s, and Papa John’s International.
Portillo’s has an analyst consensus of Moderate Buy, with a price target consensus of $27.40.
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The company has a one-year high of $31.13 and a one-year low of $14.84. Currently, Portillo’s has an average volume of 713.2K.
Based on the recent corporate insider activity of 50 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 PTLO in relation to earlier this year.
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Portillos Inc serves the Chicago street food industry through high-energy and multichannel restaurants. It owns and operates fast-casual restaurants in the United States, along with two food production commissaries in Illinois. Its menu includes hot dogs, beef and sausage sandwiches, sandwiches and ribs, salads, burgers, chicken, Barnelli’s pasta, sides and soup, and desserts and shakes.
Read More on PTLO:
- Portillo’s Named a 2022 Best in Biz Awards Silver Winner
- Portillo’s Inc. to Participate in Upcoming Investor Conferences
- Portillo’s Helps Make the Holidays Festive and Delicious with Gifts for the Whole Family – Including Limited-Edition Crocs™ Shoes
- Portillo’s Inc. Announces Pricing of Offering of Class A Common Stock in “Synthetic Secondary” Transaction
- Portillo’s offers to sell 8M shares of common stock
