Jefferies Group Reaffirms Buy Rating on Einstein Noah Restaurant Group (BAGL)

By admin | 6 years ago

Einstein Noah Restaurant Group (NASDAQ: BAGL)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group (NYSE: JEF) in a report released on Friday.

Einstein Noah Restaurant Group traded up 0.84% on Friday, hitting $16.85. Einstein Noah Restaurant Group has a 1-year low of $11.48 and a 1-year high of $16.26. The company has a market cap of $283.9 million and a price-to-earnings ratio of 18.57.

Einstein Noah Restaurant Group last posted its quarterly earnings results on Thursday, May 3rd. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.08. Einstein Noah Restaurant Group’s revenue was up 3.7% compared to the same quarter last year. Analysts expect that Einstein Noah Restaurant Group will post $0.25 EPS next quarter.

Separately, analysts at DA Davidson reiterated a “buy” rating on shares of Einstein Noah Restaurant Group in a research note to investors on Monday, February 27th. They now have a $19.00 price target on the stock.

Einstein Noah Restaurant Group, Inc. operates under the Einstein Bros. Bagels (Einstein Bros.), Noah’s New York Bagels (Noah’s) and Manhattan Bagel Company (Manhattan Bagel) brands.

About the author