Wells Fargo & Company Boosts Buffalo Wild Wings, Inc. (BWLD) Price Target to $150.00

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) had its price target hoisted by Wells Fargo & Company from $110.00 to $150.00 in a report issued on Tuesday morning. They currently have a market perform rating on the restaurant operator’s stock.

Several other analysts have also recently weighed in on the company. Zacks Investment Research cut Buffalo Wild Wings from a hold rating to a sell rating in a report on Friday, October 27th. Mizuho restated a hold rating and set a $120.00 price target on shares of Buffalo Wild Wings in a report on Friday, October 27th. Barclays PLC boosted their price target on Buffalo Wild Wings from $128.00 to $133.00 and gave the stock an overweight rating in a report on Thursday, October 26th. BMO Capital Markets set a $120.00 price target on Buffalo Wild Wings and gave the stock a hold rating in a report on Thursday, October 26th. Finally, Deutsche Bank AG boosted their price target on Buffalo Wild Wings from $130.00 to $135.00 and gave the stock a buy rating in a report on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of $134.67.

Shares of Buffalo Wild Wings (NASDAQ BWLD) opened at $138.25 on Tuesday. The firm has a market capitalization of $2,190.00, a PE ratio of 33.57, a PEG ratio of 1.78 and a beta of 0.79. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.70. Buffalo Wild Wings has a twelve month low of $95.00 and a twelve month high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last released its quarterly earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.57. The company had revenue of $496.70 million for the quarter, compared to analysts’ expectations of $500.97 million. Buffalo Wild Wings had a return on equity of 21.39% and a net margin of 3.17%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.23 earnings per share. research analysts anticipate that Buffalo Wild Wings will post 4.98 EPS for the current year.

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Several large investors have recently modified their holdings of the company. 3G Capital Partners LP acquired a new position in shares of Buffalo Wild Wings during the third quarter worth approximately $30,290,000. Lenox Wealth Management Inc. raised its position in shares of Buffalo Wild Wings by 13.3% during the third quarter. Lenox Wealth Management Inc. now owns 3,939 shares of the restaurant operator’s stock worth $416,000 after purchasing an additional 463 shares during the period. Prospector Partners LLC raised its position in shares of Buffalo Wild Wings by 8.8% during the third quarter. Prospector Partners LLC now owns 78,420 shares of the restaurant operator’s stock worth $8,289,000 after purchasing an additional 6,310 shares during the period. Segall Bryant & Hamill LLC raised its position in shares of Buffalo Wild Wings by 4.2% during the third quarter. Segall Bryant & Hamill LLC now owns 106,500 shares of the restaurant operator’s stock worth $11,257,000 after purchasing an additional 4,282 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Buffalo Wild Wings by 23.1% during the third quarter. Envestnet Asset Management Inc. now owns 35,966 shares of the restaurant operator’s stock worth $3,802,000 after purchasing an additional 6,749 shares during the period. 89.14% of the stock is currently owned by institutional investors.

Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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