Analyst Expectations for Wingstop's Future
Portfolio Pulse from Benzinga Insights
Analysts have rated Wingstop (NASDAQ:WING) with 1 bullish, 6 somewhat bullish, and 9 indifferent ratings in the last quarter. The average price target is $204.81, which is below the current price of $244.01, suggesting a downside. This target has increased by 9.12% from the previous target of $187.69.
December 11, 2023 | 1:00 pm
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NEGATIVE IMPACT
Analysts have given Wingstop a lower price target than its current stock price, indicating a potential downside. The average price target has increased from the previous quarter.
The average price target provided by analysts suggests that they expect the stock price to decrease, which could lead to a short-term negative impact on WING's stock price. The increase in the target price from the previous quarter indicates a positive revision in expectations, but the target still remains below the current trading price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100