Zacks Rating on Wendys Company (The) (WEN)

Wendys Company (The) (WEN) has an average broker rating of 2.54, which is interpreted as a Hold, as rated by 13 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Wendys Company (The) (WEN) : The highest short term price target forecast on Wendys Company (The) (WEN) is $13 and the lowest target price is $9. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $11.19 with a standard deviation of $1.41.

Wendys

The Wendys Company has lost 0.7% in the last five trading days and dropped 1.48% in the last 4 weeks. The Wendys Company has dropped 2.06% during the last 3-month period . Year-to-Date the stock performance stands at -6.1%. Wendys Company (The) (NASDAQ:WEN): stock turned positive on Tuesday. Though the stock opened at $9.92, the bulls momentum made the stock top out at $10.02 level for the day. The stock recorded a low of $9.87 and closed the trading day at $9.99, in the green by 1.01%. The total traded volume for the day was 3,574,442. The stock had closed at $9.89 in the previous days trading.

The Wendys Company is the parent company of its wholly owned subsidiary holding company Wendys Restaurants, LLC (Wendys Restaurants). Wendys Restaurants is the parent company of Wendys International, LLC (Wendys), which is the owner and franchisor of the Wendys restaurant system in the United States. Wendys is the quick-service restaurant company in the hamburger sandwich segment. Wendys is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving food. Wendys Restaurants is the parent company of Wendys International, LLC (Wendys), which is the owner and franchisor of the Wendys restaurant system in the United States.

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