Analyst Rating Update on Jack In The Box (JACK)

Jack In The Box (JACK) : 15 analysts are covering Jack In The Box (JACK) and their average rating on the stock is 1.7, which is read as a Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Jack In The Box (JACK) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Jack In The Box (JACK) : The most positive equity analysts on Jack In The Box (JACK) expects the shares to touch $110, whereas, the least positive believes that the stock will trade at $85 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $96.5 with an expected fluctuation of $8.31 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Jack In The Box (NASDAQ:JACK): The stock opened at $88.40 on Wednesday but the bulls could not build on the opening and the stock topped out at $88.40 for the day. The stock traded down to $86.52 during the day, due to lack of any buying support eventually closed down at $87.73 with a loss of -0.89% for the day. The stock had closed at $88.52 on the previous day. The total traded volume was 1,212,672 shares.

Jack in the Box Inc. (JACK) is a restaurant company. The Company operates in two segments: Jack in the Box and Qdoba Restaurant Operations. It operates and franchises approximately 2,888 Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Grill fast-casual restaurants. The Companys Jack in the Box restaurants offer a selection of products targeted primarily at the adult fast-food consumer. Its menu features a variety of items, including hamburgers, tacos, specialty sandwiches, drinks, real ice cream shakes, salads and side items. The Companys Qdoba restaurants feature fresh ingredients and Mexican flavors that combine to create a variety of flavors and products.

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