Blurbs

Noble Financial Thinks Fat Brands’ Stock is Going to Recover

Noble Financial analyst Joe Gomes maintained a Buy rating on Fat Brands (FATResearch Report) today and set a price target of $25.00. The company’s shares closed last Wednesday at $5.75, close to its 52-week low of $5.47.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 8.2% and a 40.9% success rate. Gomes covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Voyager Digital (Canada), and One Stop Systems.

Fat Brands has an analyst consensus of Moderate Buy, with a price target consensus of $25.00.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $16.00 and a one-year low of $5.47. Currently, Fat Brands has an average volume of 21.9K.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

FAT Brands, Inc. operates as a global franchising company that acquires, markets and develops fast casual and casual dining restaurant concepts around the world. Its brands include Yalla Mediterranean, Buffalo’s Cafe & Express, Ponderosa Steakhouse and Bonanza, Fatburger, Hurricane Grill & Wings, Bonanza Steak & BBQ, and Hurricane BTW. The company was founded by Andrew A. Wiederhorn on March 21, 2017 and is headquartered in Beverly Hills, CA.

Read More on FAT:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos