Credit Suisse Starts Stock Coverage on Ignite Restaurant Group (IRG)

By admin | 6 years ago

Research analysts at Credit Suisse (NYSE: CS) began coverage on shares of Ignite Restaurant Group (NYSE: IRG) in a report released on Tuesday. The firm set an “outperform” rating on the stock.

Shares of Ignite Restaurant Group traded up 1.31% during mid-day trading on Tuesday, hitting $17.73. Ignite Restaurant Group has a one year low of $16.50 and a one year high of $18.25. The company has a market cap of $438.8 million and a P/E ratio of 26.68.

Ignite Restaurant Group, Inc. (Ignite) is a brand for restaurants. The Company operates two restaurant businesses, Joe’s Crab Shack and Brick House Tavern+Tap.

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