Buffalo Wild Wings, Inc. (NASDAQ:BWLD) Price Target Raised to $135.00 at Deutsche Bank AG

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) had its target price lifted by equities researchers at Deutsche Bank AG from $130.00 to $135.00 in a report issued on Thursday, October 26th. The brokerage currently has a “buy” rating on the restaurant operator’s stock. Deutsche Bank AG’s price target indicates a potential upside of 13.59% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. Wedbush reiterated a “hold” rating on shares of Buffalo Wild Wings in a research report on Friday, September 8th. Cowen and Company restated a “hold” rating and set a $110.00 target price on shares of Buffalo Wild Wings in a research report on Friday, September 1st. Barclays PLC cut their price target on Buffalo Wild Wings from $177.00 to $165.00 and set an “overweight” rating for the company in a research note on Wednesday, July 19th. BMO Capital Markets set a $130.00 price target on Buffalo Wild Wings and gave the stock a “hold” rating in a research note on Friday, October 6th. Finally, Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $135.00 target price on shares of Buffalo Wild Wings in a research note on Friday, September 15th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $131.57.

Shares of Buffalo Wild Wings (BWLD) traded down $0.70 during mid-day trading on Thursday, reaching $118.85. 391,200 shares of the company’s stock traded hands, compared to its average volume of 506,217. The stock has a market capitalization of $1,840.00, a price-to-earnings ratio of 27.45, a PEG ratio of 1.46 and a beta of 0.79. Buffalo Wild Wings has a one year low of $95.00 and a one year high of $175.10. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60.

Buffalo Wild Wings (NASDAQ:BWLD) last announced its earnings results on Wednesday, October 25th. The restaurant operator reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.57. Buffalo Wild Wings had a net margin of 3.17% and a return on equity of 21.39%. The business had revenue of $496.70 million for the quarter, compared to analysts’ expectations of $500.97 million. During the same period in the previous year, the company posted $1.23 EPS. The company’s quarterly revenue was up .5% on a year-over-year basis. sell-side analysts anticipate that Buffalo Wild Wings will post 4.98 EPS for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its stake in shares of Buffalo Wild Wings by 10.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after purchasing an additional 75 shares in the last quarter. Suntrust Banks Inc. raised its stake in shares of Buffalo Wild Wings by 4.1% during the 2nd quarter. Suntrust Banks Inc. now owns 2,552 shares of the restaurant operator’s stock worth $323,000 after purchasing an additional 101 shares in the last quarter. LS Investment Advisors LLC raised its stake in shares of Buffalo Wild Wings by 9.1% during the 2nd quarter. LS Investment Advisors LLC now owns 1,577 shares of the restaurant operator’s stock worth $200,000 after purchasing an additional 131 shares in the last quarter. Thrivent Financial For Lutherans raised its stake in shares of Buffalo Wild Wings by 5.4% during the 1st quarter. Thrivent Financial For Lutherans now owns 3,290 shares of the restaurant operator’s stock worth $503,000 after purchasing an additional 170 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC raised its stake in shares of Buffalo Wild Wings by 8.4% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,249 shares of the restaurant operator’s stock worth $451,000 after purchasing an additional 252 shares in the last quarter. 89.14% of the stock is owned by hedge funds and other institutional investors.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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