RBC Capital Sticks to Their Hold Rating for Wingstop (WING)

In a report released on January 27, Christopher Carril from RBC Capital maintained a Hold rating on Wingstop (WINGResearch Report), with a price target of $150.00. The company’s shares closed yesterday at $156.62.

According to TipRanks, Carril is a 4-star analyst with an average return of 9.5% and a 64.10% success rate. Carril covers the Services sector, focusing on stocks such as Darden, Yum! Brands, and Restaurant Brands International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wingstop with a $158.33 average price target, representing a 1.09% upside. In a report released on January 18, Morgan Stanley also maintained a Hold rating on the stock with a $143.00 price target.

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The company has a one-year high of $170.87 and a one-year low of $67.49. Currently, Wingstop has an average volume of 495.8K.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is neutral on the stock. Most recently, in November 2022, Stacy Peterson, the EVP, Chief Revenue & Tech Ofc of WING sold 6,427.00 shares for a total of $1,029,902.26.

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.

Wingstop, Inc. is a franchisor and operator of restaurants, which engages in the provision of cooked-to-order, hand-sauced, and tossed chicken wings. It operates through Franchise and Company segments. The Franchise segment consists of domestic and international franchise restaurants. The Company segment comprises company-owned restaurants. The company was founded in 1994 and is headquartered in Dallas, TX.

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