Barclays analyst Jeff Bernstein maintained a Sell rating on BJ’s Restaurants (BJRI – Research Report) today and set a price target of $33.00. The company’s shares closed yesterday at $31.86.
According to TipRanks, Bernstein is a 5-star analyst with an average return of 7.5% and a 62.68% success rate. Bernstein covers the Consumer Cyclical sector, focusing on stocks such as Brinker International, Shake Shack, and Dine Brands Global.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BJ’s Restaurants with a $39.00 average price target.
BJRI market cap is currently $744.5M and has a P/E ratio of 38.80.
Based on the recent corporate insider activity of 73 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 BJRI 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.
BJ’s Restaurants (BJRI) Company Description:
BJ’s Restaurants, Inc. engages in the ownership and operation of casual dining restaurants. The firm operates BJ’s Restaurant and Brewery, BJ’s Restaurant & Brewhouse, BJ’s Pizza and Grill or BJ’s Grill. It offers pizzas, appetizers, specialty salads, soups, pastas, sandwiches, entrées, desserts, and proprietary craft beers. The company was founded in 1978 and is headquartered in Huntington Beach, CA.
Read More on BJRI:
- BJ’s Restaurants, Inc. Announces Date for First Quarter 2024 Earnings Release and Conference Call
- Brinker price target raised to $48 from $47 at Jefferies
- BJ’s Restaurants Opens in Brookfield, Wisconsin
- Bj’s Restaurants Forges Strategic Deal with PW Partners
- BJ’s Restaurants, Inc. Engages PW Partners to Provide Cost Structure Recommendations
