Jack in the Box (NASDAQ:JACK – Get Rating) had its target price increased by investment analysts at Citigroup to $88.00 in a research note issued on Thursday, Stock Target Advisor reports. Citigroup’s price objective points to a potential upside of 3.04% from the stock’s current price.
A number of other brokerages have also recently issued reports on JACK. Deutsche Bank Aktiengesellschaft cut Jack in the Box from a “buy” rating to a “hold” rating and set a $88.00 target price for the company. in a research report on Tuesday, November 8th. Royal Bank of Canada upped their target price on Jack in the Box from $84.00 to $90.00 and gave the stock an “outperform” rating in a research report on Thursday, August 11th. Morgan Stanley decreased their target price on Jack in the Box from $81.00 to $79.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 11th. Guggenheim upped their target price on Jack in the Box from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, August 11th. Finally, StockNews.com started coverage on Jack in the Box in a research report on Wednesday, October 12th. They set a “hold” rating for the company. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, Jack in the Box presently has a consensus rating of “Hold” and a consensus price target of $92.21.
Jack in the Box Stock Performance
NASDAQ:JACK opened at $85.40 on Thursday. The stock’s 50 day moving average price is $81.78 and its 200 day moving average price is $75.33. Jack in the Box has a 52 week low of $54.80 and a 52 week high of $98.80. The company has a market capitalization of $1.80 billion, a P/E ratio of 16.75, a P/E/G ratio of 0.77 and a beta of 1.66.
Institutional Inflows and Outflows
About Jack in the Box
Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants. As of November 23, 2021, it operated and franchised approximately 2,200 Jack in the Box quick-service restaurants in 21 states and Guam. The company was founded in 1951 and is headquartered in San Diego, California.
- Get a free copy of the StockNews.com research report on Jack in the Box (JACK)
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