In a report released on January 4, Jake Bartlett from Truist Financial maintained a Hold rating on El Pollo LoCo (LOCO – Research Report), with a price target of $10.00. The company’s shares closed last Friday at $8.76.
According to TipRanks, Bartlett is a top 100 analyst with an average return of 19.0% and a 67.07% success rate. Bartlett covers the Consumer Cyclical sector, focusing on stocks such as Shake Shack, Carrols Restaurant Group, and Denny’s.
Currently, the analyst consensus on El Pollo LoCo is a Hold with an average price target of $9.50.
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LOCO market cap is currently $288.7M and has a P/E ratio of 11.13.
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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.
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