On Jan 08, major Wall Street analysts update their ratings for $Shake Shack (SHAK.US)$, with price targets ranging from $140 to $159.
Barclays analyst Jeff Bernstein upgrades to a buy rating, and adjusts the target price from $125 to $159.
UBS analyst Dennis Geiger maintains with a hold rating, and adjusts the target price from $115 to $140.
Oppenheimer analyst Michael Tamas maintains with a buy rating, and adjusts the target price from $135 to $155.
Gordon Haskett analyst Jeff Farmer upgrades to a buy rating, and adjusts the target price from $64 to $154.
Furthermore, according to the comprehensive report, the opinions of $Shake Shack (SHAK.US)$'s main analysts recently are as follows:
A more optimistic outlook for U.S. restaurant sector sales into 2025 is anticipated, driven by expected improvements in the U.S. macro backdrop and industry environment. Many companies should see margin improvements in 2025 due to benign food inflation. Key variables will include traffic, while challenges may arise from reduced pricing, ongoing labor inflation, and elevated discounting activity.
Expectations are set for the company to aim for 2025 comparable growth in the low single-digit-plus range, with expansion in the mid-teens-plus range fostering mid teens-plus revenue growth. Given relatively modest comparative metrics and a valuation that is no longer excessive compared to high-growth counterparts, the company's shares are anticipated to continue outperforming in 2025.
Yum! Brands, described as a large-cap idea with low investor enthusiasm, is expected to showcase an above-average rebound in same-store sales in 2025. This outlook reflects a financial model that might surpass the performance of its global counterparts. Darden has reportedly experienced a notable increase following its December earnings report, led by impactful catalysts and favorable comparisons, coupled with projections of earnings outperformance amid modest expectations. For Shake Shack, the strategy implemented by its new management is viewed as a potentially undervalued catalyst, offering several untapped opportunities for sales and margin improvements.
Here are the latest investment ratings and price targets for $Shake Shack (SHAK.US)$ from 4 analysts:
Note:
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