Bank of America Securities analyst Sara Senatore maintained a Hold rating on Shake Shack (SHAK – Research Report) today. The company’s shares opened today at $94.64.
According to TipRanks, Senatore is a 4-star analyst with an average return of 9.7% and a 53.85% success rate. Senatore covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Darden Restaurants, and McDonald’s.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shake Shack with a $105.21 average price target, implying an 11.17% upside from current levels. In a report released on April 19, Barclays also maintained a Hold rating on the stock with a $92.00 price target.
SHAK market cap is currently $3.99B and has a P/E ratio of 205.98.
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Shake Shack (SHAK) Company Description:
Shake Shack, Inc. is a holding company, which engages in operating fast food hamburger restaurants. It offers beef burgers, flat-top dogs, chicken sandwiches, frozen custard and crinkle cut fries and includes all the mobile ordering essentials. The company was founded by Daniel Harris Meyer on September 23, 2014 and is headquartered in New York, NY.
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