Royal Bank Of Canada Reiterates “C$40.00” Price Target for A&W REVENUE IF (TSE:AW)

A&W REVENUE IF (TSE:AW) has been given a C$40.00 target price by analysts at Royal Bank Of Canada in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 10.44% from the company’s previous close.

A&W REVENUE IF Stock Up 0.3%

Shares of AW traded up C$0.11 during trading hours on Tuesday, hitting C$36.22. The company had a trading volume of 7,970 shares, compared to its average volume of 9,006. The firm has a market cap of C$869.42 million and a P/E ratio of 15.61. The stock’s 50 day moving average price is C$36.51 and its 200 day moving average price is C$36.89. A&W REVENUE IF has a 52-week low of C$34.77 and a 52-week high of C$40.44.

A&W REVENUE IF (TSE:AW) last released its quarterly earnings data on Thursday, May 7th. The company reported C$0.57 EPS for the quarter. The company had revenue of C$59.39 million during the quarter.

About A&W REVENUE IF

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.