The Restaurant ETF (NASDAQ:BITE) Receives $701.67 Consensus PT from Brokerages
The Restaurant ETF (NASDAQ:BITE) has received a consensus recommendation of “Hold” from the eight analysts that are currently covering the company. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $701.67.
BITE has been the topic of a number of recent analyst reports. Beaufort Securities restated a “hold” rating on shares of The Restaurant ETF in a research report on Tuesday, August 30th. N+1 Singer reaffirmed a “buy” rating on shares of The Restaurant ETF in a research note on Wednesday. Finally, Shore Capital reaffirmed a “buy” rating on shares of The Restaurant ETF in a research note on Wednesday, July 27th.
Shares of The Restaurant ETF (NASDAQ:BITE) opened at 24.53 on Wednesday. The Restaurant ETF has a 52 week low of $22.06 and a 52 week high of $27.27. The stock has a 50 day moving average price of $25.53 and a 200-day moving average price of $25.66.
The Restaurant ETF Company Profile
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