Benchmark Co. analyst Todd Brooks maintained a Hold rating on El Pollo LoCo (LOCO – Research Report) today. The company’s shares closed last Friday at $8.78.
Brooks covers the Consumer Cyclical sector, focusing on stocks such as Potbelly, BJ’s Restaurants, and Cracker Barrel. According to TipRanks, Brooks has an average return of -3.8% and a 30.49% success rate on recommended stocks.
Currently, the analyst consensus on El Pollo LoCo is a Hold with an average price target of $9.50, an 8.20% upside from current levels. In a report released on November 3, Truist Financial also maintained a Hold rating on the stock with a $10.00 price target.
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The company has a one-year high of $13.00 and a one-year low of $8.11. Currently, El Pollo LoCo has an average volume of 300.7K.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.
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El Pollo LoCo (LOCO) Company Description:
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 announces Laurance Roberts leaving position as president and CEO
- El Pollo Loco board approves $20M share repurchase program
- El Pollo Loco sees 2023 adjusted tax rate 26.5%-27.5%
- El Pollo Loco reports Q3 adjusted EPS 19c, consensus 19c
- El Pollo Loco Holdings, Inc. Announces Third Quarter 2023 Financial Results
