Analyst Scoreboard: 6 Ratings For Wendy's
Portfolio Pulse from Benzinga Insights
Wendy's (NASDAQ:WEN) received mixed analyst ratings over the past three months, with no bullish, three somewhat bullish, and three indifferent ratings. The average 12-month price target is $22.17, a 13.06% decline from the previous average. Analysts from Stephens & Co., Barclays, Citigroup, Deutsche Bank, Wedbush, and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Wendy's is a major burger QSR in the U.S., with significant systemwide sales and a large number of units worldwide. The company's financials show strong net margin and ROE but a high debt-to-equity ratio.
December 21, 2023 | 2:00 pm
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NEUTRAL IMPACT
Wendy's has received mixed ratings from analysts, with a downward revision in the average price target to $22.17. The company's strong net margin and ROE are positive, but the high debt-to-equity ratio is a concern.
The mixed analyst ratings and the reduction in the average price target suggest uncertainty, which could lead to a neutral short-term impact on WEN's stock price. The company's strong profitability indicators are positive, but the high debt levels may raise concerns among investors, potentially balancing out the impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100