In a report released on August 8, David Tarantino from Robert W. Baird maintained a Hold rating on El Pollo LoCo (LOCO – Research Report), with a price target of $11.00. The company’s shares opened today at $10.35.
According to TipRanks, Tarantino is a 5-star analyst with an average return of 10.3% and a 63.23% success rate. Tarantino covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Domino’s Pizza, and Jack In The Box.
El Pollo LoCo has an analyst consensus of Hold, with a price target consensus of $11.00.
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The company has a one-year high of $13.00 and a one-year low of $7.06. Currently, El Pollo LoCo has an average volume of 641.7K.
Based on the recent corporate insider activity of 32 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 LOCO 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.
El Pollo Loco Holdings, Inc. engages in the ownership and management of restaurant chains. It specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The restaurant industry is divided into two segments: full service and limited service. The Full service segment is comprised of the casual dining, mid-scale, and fine dining sub-segments. The Limited service segment is comprised of the QSR and fast casual sub-segments. It develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco. The company was founded in 1975 and is headquartered in Costa Mesa, CA.
Read More on LOCO:
- El Pollo Loco adopts limited-duration shareholder rights plan
- El Pollo Loco sees FY23 capex at $22M-$25M
- El Pollo Loco reports Q2 EPS 23c, consensus 21c
- El Pollo Loco Holdings, Inc. Announces Second Quarter 2023 Financial Results
- El Pollo Loco Holdings, Inc. to Announce Second Quarter 2023 Results on Thursday, August 3, 2023
