The Latest Analyst Ratings for Shake Shack
Portfolio Pulse from Benzinga Insights
Shake Shack (NYSE:SHAK) has seen an increase in its average 12-month price target to $67.07, up 14.41% from the previous average of $58.62, according to 14 analysts. In the last quarter, the company received 3 bullish, 10 indifferent, and 1 somewhat bearish ratings.
June 09, 2023 | 1:01 pm
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Shake Shack's average 12-month price target has increased by 14.41% to $67.07, according to 14 analysts. The company received 3 bullish, 10 indifferent, and 1 somewhat bearish ratings in the last quarter.
The increase in Shake Shack's average 12-month price target indicates a positive outlook from analysts. The majority of the ratings are indifferent, but the overall increase in the price target suggests that the stock may perform well in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100