Oppenheimer Says BJ's Restaurants (BJRI) "Best in Class", Raises Numbers
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Price: $66.27 -2.47%
Rating Summary:
17 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
17 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Oppenheimer raised its price target on Outperform-rated BJ's Restaurants (NASDAQ: BJRI) from $54 to $62.
The firm said BJ's Restaurants has the industry's most attractive growth story, with 20%+ EPS CAGR through 2020. They see "best-in-class" comp trends which could remain "surprisingly strong" in 2012 against tough comparisons.
2012E/2013E EPS estimates were raised to Street-high $1.41/$1.77.
For an analyst ratings summary and ratings history on BJ's Restaurants click here. For more ratings news on BJ's Restaurants click here.
Shares of BJ's Restaurants closed at $52.02 yesterday.
The firm said BJ's Restaurants has the industry's most attractive growth story, with 20%+ EPS CAGR through 2020. They see "best-in-class" comp trends which could remain "surprisingly strong" in 2012 against tough comparisons.
2012E/2013E EPS estimates were raised to Street-high $1.41/$1.77.
For an analyst ratings summary and ratings history on BJ's Restaurants click here. For more ratings news on BJ's Restaurants click here.
Shares of BJ's Restaurants closed at $52.02 yesterday.
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