Jack in the Box (NASDAQ:JACK – Get Rating) had its target price lowered by Oppenheimer from $107.00 to $92.00 in a note issued to investors on Wednesday, The Fly reports. Oppenheimer’s price objective would suggest a potential upside of 27.87% from the stock’s current price. Oppenheimer also issued estimates for Jack in the Box’s Q2 2023 earnings at $1.15 EPS.
JACK has been the topic of a number of other research reports. Wedbush lifted their price target on shares of Jack in the Box from $95.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, September 12th. They noted that the move was a valuation call. Royal Bank of Canada lifted their price target on shares of Jack in the Box from $84.00 to $90.00 and gave the company an “outperform” rating in a research note on Thursday, August 11th. Citigroup lifted their price target on shares of Jack in the Box to $88.00 in a research note on Thursday, November 17th. Morgan Stanley dropped their price target on shares of Jack in the Box from $81.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 11th. Finally, The Goldman Sachs Group lifted their target price on shares of Jack in the Box from $85.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, August 11th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $86.04.
Jack in the Box Stock Performance
Jack in the Box stock opened at $71.95 on Wednesday. The company’s fifty day moving average price is $81.01 and its 200 day moving average price is $75.14. Jack in the Box has a 1 year low of $54.80 and a 1 year high of $96.87. The stock has a market capitalization of $1.52 billion, a P/E ratio of 13.15, a P/E/G ratio of 0.77 and a beta of 1.66.
Institutional Inflows and Outflows
Jack in the Box Company Profile
Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants. As of November 23, 2021, it operated and franchised approximately 2,200 Jack in the Box quick-service restaurants in 21 states and Guam. The company was founded in 1951 and is headquartered in San Diego, California.
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