Jack In The Box (JACK) Receives a Buy from RBC Capital

In a report issued on July 18, Christopher Carril from RBC Capital maintained a Buy rating on Jack In The Box (JACKResearch Report), with a price target of $84.00. The company’s shares closed last Wednesday at $66.44.

According to TipRanks.com, Carril is a 4-star analyst with an average return of 7.2% and a 53.1% success rate. Carril covers the Services sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and Brinker International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jack In The Box with a $82.38 average price target, representing a 24.7% upside. In a report issued on July 8, Wedbush also maintained a Buy rating on the stock with a $80.00 price target.

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Jack In The Box’s market cap is currently $1.4B and has a P/E ratio of 11.44.

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Jack in the Box, Inc. engages in operating and franchising a chain of quick-service and fast-casual restaurants. It operates through the Jack in the Box Restaurant segments. The Jack in the Box Restaurant segment offers a broad selection of distinctive products including burgers like Jumbo Jack burgers, and product lines such as Buttery Jack burgers including the Brunchfast menu. The company was founded by Robert Oscar Peterson in 1951 and is headquartered in San Diego, CA.

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