Bank of America analyst Sara Senatore has revised the price target for Wingstop (WING, Financial), reducing it to $319 from the previous $361. Despite this adjustment, the analyst maintained a Buy rating on the stock.
This revision is part of a broader evaluation conducted by the firm, which involves fine-tuning estimates for over 20 companies under its restaurants coverage. The adjustments in price targets account for changes in estimates and market multiples anticipated for the first quarter of the year.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Wingstop Inc (WING, Financial) is $304.47 with a high estimate of $400.00 and a low estimate of $182.82. The average target implies an upside of 42.88% from the current price of $213.10. More detailed estimate data can be found on the Wingstop Inc (WING) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Wingstop Inc's (WING, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Wingstop Inc (WING, Financial) in one year is $398.86, suggesting a upside of 87.17% from the current price of $213.1. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Wingstop Inc (WING) Summary page.
