Royal Bank Of Canada Has Lowered Expectations for A&W REVENUE IF (TSE:AW) Stock Price

A&W REVENUE IF (TSE:AW) had its target price decreased by Royal Bank Of Canada from C$42.00 to C$40.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 10.28% from the stock’s previous close.

A&W REVENUE IF Stock Down 4.0%

AW opened at C$36.27 on Friday. The company has a market cap of C$870.41 million and a PE ratio of 24.36. A&W REVENUE IF has a twelve month low of C$28.36 and a twelve month high of C$40.44. The company has a 50-day moving average price of C$37.07 and a 200 day moving average price of C$37.43.

A&W REVENUE IF (TSE:AW) last posted its quarterly earnings data on Thursday, March 5th. The company reported C$0.71 earnings per share (EPS) for the quarter. The firm had revenue of C$92.98 million during the quarter.

A&W REVENUE IF Company Profile

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.