El Pollo Loco Holdings (LOCO) Receives Price Target

El Pollo Loco Holdings (LOCO) : The most positive equity analysts on El Pollo Loco Holdings (LOCO) expects the shares to touch $18, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $15.8 with an expected fluctuation of $1.3 from the mean.

El Pollo Loco Holdings (LOCO) : 7 analysts are covering El Pollo Loco Holdings (LOCO) and their average rating on the stock is 2.14, which is read as a Buy. 3 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. 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 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Stifel Nicolaus downgrades their rating on the shares of El Pollo Loco Holdings (NASDAQ:LOCO). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on July 26, 2016.

El Pollo Loco Holdings (NASDAQ:LOCO): The stock was completely flat for the day, closing at $13.62 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $13.65, the stock touched an intraday high of $13.74 and a low of $13.47. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $13.62. The total trading volume on Thursday was 123,160.

El Pollo Loco Holdings, Inc. is a restaurant concept that specializes in fire-grilling citrus-marinated chicken. The Companys activities are conducted principally through its indirect subsidiary, El Pollo Loco, Inc. (EPL), which develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco. The restaurants are located in California, Arizona, Nevada, Texas, and Utah. The Company offers flame-grilled chicken in a range of contemporary Mexican-influenced entrees, including specialty chicken burritos, chicken quesadillas, chicken tortilla soup, Pollo Bowls and Pollo Salads. As of December 31, 2014, the Company operated 172 (134 in the greater Los Angeles area) and franchised 243 (137 in the greater Los Angeles area) El Pollo Loco restaurants.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *