Stephens Lowers Buffalo Wild Wings, Inc. (BWLD) Price Target to $105.00

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) had its price objective cut by stock analysts at Stephens from $120.00 to $105.00 in a research report issued to clients and investors on Wednesday. The brokerage currently has an “equal weight” rating on the restaurant operator’s stock. Stephens’ target price would suggest a potential upside of 3.04% from the stock’s previous close.

A number of other equities analysts have also recently commented on the company. Maxim Group lowered their target price on Buffalo Wild Wings from $180.00 to $165.00 and set a “buy” rating for the company in a report on Monday, July 24th. Deutsche Bank AG restated a “buy” rating and set a $165.00 target price (down from $180.00) on shares of Buffalo Wild Wings in a report on Monday, July 10th. UBS AG restated a “buy” rating and set a $175.00 target price on shares of Buffalo Wild Wings in a report on Monday, July 10th. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $135.00 target price on shares of Buffalo Wild Wings in a report on Friday, September 15th. Finally, TheStreet cut Buffalo Wild Wings from a “b-” rating to a “c” rating in a report on Thursday, June 22nd. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $135.65.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.35). The business had revenue of $500.00 million for the quarter, compared to analysts’ expectations of $512.68 million. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.27 earnings per share.

ILLEGAL ACTIVITY NOTICE: “Stephens Lowers Buffalo Wild Wings, Inc. (BWLD) Price Target to $105.00” was first reported by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.com-unik.info/2017/10/13/stephens-lowers-buffalo-wild-wings-inc-bwld-price-target-to-105-00.html.

In other Buffalo Wild Wings news, Director International Master F. Marcato purchased 9,100 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were purchased at an average cost of $109.71 per share, for a total transaction of $998,361.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.19% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of BWLD. Public Employees Retirement System of Ohio boosted its stake in shares of Buffalo Wild Wings by 10.1% in the second quarter. Public Employees Retirement System of Ohio now owns 842 shares of the restaurant operator’s stock valued at $107,000 after buying an additional 77 shares in the last quarter. FNY Managed Accounts LLC purchased a new stake in shares of Buffalo Wild Wings in the first quarter valued at approximately $130,000. Riverhead Capital Management LLC boosted its stake in shares of Buffalo Wild Wings by 95.6% in the second quarter. Riverhead Capital Management LLC now owns 1,565 shares of the restaurant operator’s stock valued at $198,000 after buying an additional 765 shares in the last quarter. LS Investment Advisors LLC boosted its stake in shares of Buffalo Wild Wings by 9.1% in the second quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock valued at $200,000 after buying an additional 131 shares in the last quarter. Finally, Flinton Capital Management LLC boosted its stake in shares of Buffalo Wild Wings by 73.5% in the second quarter. Flinton Capital Management LLC now owns 1,652 shares of the restaurant operator’s stock valued at $209,000 after buying an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 88.52% of the company’s stock.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

What are top analysts saying about Buffalo Wild Wings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Buffalo Wild Wings Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit