Buffalo Wild Wings, Inc. (NASDAQ:BWLD) had its price objective trimmed by Wells Fargo & Company from $115.00 to $100.00 in a report released on Wednesday. The brokerage currently has a market perform rating on the restaurant operator’s stock.

A number of other research firms have also weighed in on BWLD. Oppenheimer Holdings, Inc. reaffirmed a buy rating and set a $135.00 target price on shares of Buffalo Wild Wings in a report on Wednesday, October 11th. Stephens reduced their target price on Buffalo Wild Wings from $120.00 to $105.00 and set an equal weight rating for the company in a report on Wednesday, October 11th. UBS AG set a $140.00 target price on Buffalo Wild Wings and gave the company a buy rating in a report on Wednesday, October 11th. Zacks Investment Research lowered Buffalo Wild Wings from a hold rating to a sell rating in a report on Tuesday, October 10th. Finally, BMO Capital Markets set a $130.00 target price on Buffalo Wild Wings and gave the company a hold rating in a report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have given a buy rating to the company. Buffalo Wild Wings currently has a consensus rating of Hold and a consensus target price of $133.60.

Buffalo Wild Wings (BWLD) traded up 1.96% during midday trading on Wednesday, reaching $109.15. 378,338 shares of the company traded hands. Buffalo Wild Wings has a one year low of $95.00 and a one year high of $175.10. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 27.65 and a beta of 0.83. The firm has a 50-day moving average price of $103.72 and a 200-day moving average price of $127.71.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.35). Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. The firm had revenue of $500.00 million during the quarter, compared to analysts’ expectations of $512.68 million. During the same period last year, the business posted $1.27 EPS. The company’s revenue was up 2.0% compared to the same quarter last year. Equities analysts predict that Buffalo Wild Wings will post $4.42 EPS for the current fiscal year.

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In other news, Director International Master F. Marcato bought 9,100 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was bought at an average price of $109.71 per share, for a total transaction of $998,361.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.19% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in BWLD. Russell Investments Group Ltd. lifted its position in Buffalo Wild Wings by 80.3% in the first quarter. Russell Investments Group Ltd. now owns 9,248 shares of the restaurant operator’s stock valued at $1,413,000 after purchasing an additional 4,118 shares during the last quarter. Prudential Financial Inc. lifted its position in Buffalo Wild Wings by 7.6% in the first quarter. Prudential Financial Inc. now owns 12,486 shares of the restaurant operator’s stock valued at $1,907,000 after purchasing an additional 886 shares during the last quarter. Stifel Financial Corp lifted its position in Buffalo Wild Wings by 15.2% in the first quarter. Stifel Financial Corp now owns 3,749 shares of the restaurant operator’s stock valued at $574,000 after purchasing an additional 495 shares during the last quarter. Credit Agricole S A bought a new stake in Buffalo Wild Wings in the first quarter valued at approximately $424,000. Finally, OppenheimerFunds Inc. lifted its position in Buffalo Wild Wings by 43.1% in the first quarter. OppenheimerFunds Inc. now owns 3,595 shares of the restaurant operator’s stock valued at $549,000 after purchasing an additional 1,082 shares during the last quarter. Institutional investors own 88.18% of the company’s stock.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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