In a report released today, John Glass from Morgan Stanley maintained a Hold rating on Jack In The Box (JACK – Research Report), with a price target of $79.00. The company’s shares opened today at $76.50.
Glass covers the Services sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Jack In The Box. According to TipRanks, Glass has an average return of 4.4% and a 59.26% success rate on recommended stocks.
In addition to Morgan Stanley, Jack In The Box also received a Hold from Stifel Nicolaus’s Chris O`Cull in a report issued yesterday. However, on January 12, Truist Financial maintained a Buy rating on Jack In The Box (NASDAQ: JACK).
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JACK market cap is currently $1.59B and has a P/E ratio of 14.01.
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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.
Read More on JACK:
- Jack in the Box price target raised to $92 from $88 at Truist
- Jack in the Box says Q1 SSS accelerated to mid- to high-single digits
- Jack in the Box ‘s Del Taco opens new location in New Mexico
- New Del Taco Celebrates Grand Opening in Bernalillo
- Del Taco Celebrates “The Last Great Value Menu” With 20 Twenty Free Program All Month Long in January