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Sweetgreen (SG) Gets a Buy Rating from RBC Capital

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RBC Capital analyst Christopher Carril maintained a Buy rating on Sweetgreen (SGResearch Report) yesterday and set a price target of $35.00. The company’s shares closed last Thursday at $28.02.

According to TipRanks.com, Carril is a 4-star analyst with an average return of 13.4% and a 62.4% 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 Strong Buy analyst consensus rating for Sweetgreen with a $38.00 average price target.

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Sweetgreen Inc is a next generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.

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