Brokerages Set The Restaurant ETF (BITE) PT at $701.67
Shares of The Restaurant ETF (NASDAQ:BITE) have been assigned a consensus recommendation of “Hold” from the eight analysts that are covering the stock. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $701.67.
A number of brokerages recently commented on BITE. Shore Capital reiterated a “buy” rating on shares of The Restaurant ETF in a research report on Wednesday, July 27th. Beaufort Securities reiterated a “hold” rating on shares of The Restaurant ETF in a research report on Tuesday, August 30th. Finally, N+1 Singer reiterated a “buy” rating on shares of The Restaurant ETF in a research report on Wednesday, October 5th.
The Restaurant ETF (NASDAQ:BITE) opened at 26.56 on Wednesday. The stock’s 50 day moving average price is $25.00 and its 200-day moving average price is $25.55. The Restaurant ETF has a 52-week low of $22.06 and a 52-week high of $27.27.
About The Restaurant ETF
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