Chanticleer Holdings (NASDAQ:BURG) has been assigned an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus price target of $5.00 for the company and are anticipating that the company will post ($0.29) EPS for the current quarter, according to Zacks. Zacks has also given Chanticleer an industry rank of 135 out of 255 based on the ratings given to its competitors.
A number of equities analysts recently commented on BURG shares. Zacks Investment Research raised shares of Chanticleer from a “sell” rating to a “hold” rating in a research note on Tuesday, January 15th. ValuEngine raised shares of Chanticleer from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
A hedge fund recently bought a new stake in Chanticleer stock. Vanguard Group Inc purchased a new position in shares of Chanticleer Holdings (NASDAQ:BURG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 20,514 shares of the restaurant operator’s stock, valued at approximately $51,000. Vanguard Group Inc owned 0.55% of Chanticleer at the end of the most recent quarter. Hedge funds and other institutional investors own 3.07% of the company’s stock.
Chanticleer stock opened at $2.10 on Friday. Chanticleer has a twelve month low of $1.23 and a twelve month high of $3.99. The stock has a market capitalization of $7.38 million, a PE ratio of -1.18 and a beta of 2.77.
Chanticleer Holdings, Inc, together with its subsidiaries, owns, operates, and franchises fast casual dining concepts in the United States and internationally. The company owns and operates 8 locations under the American Burger Company name in North Carolina, South Carolina, and New York; 8 company-owned locations in the United States and 13 franchisee-operated locations in the United States and the Middle East under The Burger Joint name; and 12 company-owned locations under the Little Big Burger name in the Portland, Oregon and Charlotte, North Carolina, as well as in Wallingford, Seattle.
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