In a report released today, Peter Keith from Piper Sandler assigned a Buy rating to Mister Car Wash (MCW – Research Report), with a price target of $12.00. The company’s shares closed yesterday at $8.36.
Keith covers the Consumer Cyclical sector, focusing on stocks such as Dollar Tree, Chewy, and Mister Car Wash. According to TipRanks, Keith has an average return of 10.6% and a 53.40% success rate on recommended stocks.
Currently, the analyst consensus on Mister Car Wash is a Moderate Buy with an average price target of $8.50, a 1.67% upside from current levels. In a report released on December 21, Guggenheim also maintained a Buy rating on the stock with a $9.50 price target.
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The company has a one-year high of $10.79 and a one-year low of $4.80. Currently, Mister Car Wash has an average volume of 1.61M.
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Mister Car Wash (MCW) Company Description:
Mister Car Wash Inc is a car wash brand offering express exterior and interior cleaning services. Express Exterior Locations offers express exterior cleaning services and Interior Cleaning Locations offers both express exterior and interior cleaning services. The company recognizes revenue in two main streams. It offers an Unlimited Wash Club (UWC) program to its customers. The UWC program entitles the customer to unlimited washes for a monthly fee, cancellable at any time. Second, revenue from the car wash and quick lube services.
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