Analyst Ratings for Shake Shack
Portfolio Pulse from Benzinga Insights
In the last quarter, Shake Shack (NYSE:SHAK) has received 14 analyst ratings, with 3 being bullish, 1 somewhat bullish, and 10 indifferent. Over the past 3 months, 14 analysts have offered 12-month price targets for Shake Shack, with an average price target of $76.71, an increase of 8.21% from the previous average price target of $70.89.
October 11, 2023 | 7:00 pm
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Shake Shack has received mostly indifferent analyst ratings in the last quarter, but the average price target has increased by 8.21% to $76.71.
The increase in the average price target suggests that analysts see potential for the stock's price to rise. However, the majority of the ratings are indifferent, indicating that analysts do not have a strong bullish or bearish view on the stock. This could lead to a neutral short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100