7 Analysts Have This to Say About Shake Shack
Portfolio Pulse from Benzinga Insights
Over the last quarter, Shake Shack (NYSE:SHAK) received 7 analyst ratings, with 1 bullish, 1 somewhat bullish, and 5 indifferent. The 12-month average price target is $67.71, down 6.93% from the previous $72.75, with a high of $85.00 and a low of $59.00. Analysts' ratings are based on financial statements, company calls, and insider information, and provide guidance to investors, though they are subjective opinions.

November 14, 2023 | 8:00 pm
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NEUTRAL IMPACT
Shake Shack has a majority of indifferent ratings from analysts, with a slightly reduced average price target, indicating a cautious market sentiment.
The reduction in the average price target suggests a slight bearish sentiment, but with no strong bearish ratings and a mix of bullish and indifferent stances, the short-term impact is likely to be neutral. The importance is high as price targets are critical for investors, but not at the maximum because the change is relatively small and there are no extreme ratings. Confidence is high due to the clear data provided but not at the maximum because analyst ratings are subjective.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100