Gordon Haskett Downgrades Jack In The Box (JACK) to Hold (3) on Limited Upside to Multiple Expansion

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February 28, 2022 6:03 AM EST
Get Alerts JACK Hot Sheet
Price: $57.83 +3.16%

Rating Summary:
    12 Buy, 13 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 1 | Down: 1 | New: 0
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Gordon Haskett analyst Jeff Farmer downgraded Jack In The Box (NASDAQ: JACK) from Buy (1) to Hold (3) with a price target of $96.00 (from $100.00).

The analyst sees limited multiple expansion upside coupled with moderating share gains plus reduced margin visibility and declining franchise mix as valid reasons to step to the sidelines.

For an analyst ratings summary and ratings history on Jack In The Box click here. For more ratings news on Jack In The Box click here.

Shares of Jack In The Box closed at $87.12 yesterday.


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