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Bank of America Securities Keeps Their Buy Rating on Sweetgreen (SG)
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Bank of America Securities Keeps Their Buy Rating on Sweetgreen (SG)

In a report released today, Katherine Griffin from Bank of America Securities maintained a Buy rating on Sweetgreen (SGResearch Report). The company’s shares opened today at $20.79.

According to TipRanks, Griffin is a 4-star analyst with an average return of 10.8% and a 59.09% success rate. Griffin covers the Consumer Cyclical sector, focusing on stocks such as Cracker Barrel, Sweetgreen, and Cheesecake Factory.

Currently, the analyst consensus on Sweetgreen is a Moderate Buy with an average price target of $22.14.

SG market cap is currently $2.33B and has a P/E ratio of -20.37.

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Sweetgreen (SG) Company Description:

Sweetgreen Inc is a next generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.

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