Buffalo Wild Wings' (BWLD) Hold Rating Reaffirmed at Wedbush

Buffalo Wild Wings' (BWLD) Hold Rating Reaffirmed at Wedbush

Wedbush analysts on Tuesday raised their price target to $130 from $115 and called the offer realistic.

While Buffalo Wild Wings has acknowledged receipt of the bid, the two companies haven't held talks about a potential deal, the person said. The firm's revenue for the quarter was up.5% on a year-over-year basis. If you are accessing this piece on another site, it was illegally copied and republished in violation of worldwide copyright and trademark laws. The original version of this story can be read at https://www.truebluetribune.com/2017/11/15/fy2017-eps-estimates-for-buffalo-wild-wings-inc-bwld-increased-by-analyst.html.

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In the market the company is trading up since yesterday's close of 117.25. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.70 and a quick ratio of 0.61. (NASDAQ:BWLD) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a report issued on Friday, October 27th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in BWLD. Maxim Group raised the price target on October 26 boosting the projection from $145.00 to $160.00 and issued a "Buy" recommendation. Buffalo Wild Wings has a 1 year low of $95.00 and a 1 year high of $175.10. Its stake was worth $4,437,000 a decrease of 17.9% as of quarter end. Bank of New York Mellon Corp increased its holdings in shares of Buffalo Wild Wings by 0.8% in the 2nd quarter. The Motley Fool owns shares of and recommends Buffalo Wild Wings. Ubs Asset Management Americas Inc grew its ownership by buying 114 shares an increase of 1,266.7% from 06/30/2017 to 09/30/2017. The P/E ratio is now 37.45 and market capitalization is 2.23B. The value of the investment in BWLD went from $311,000 to $225,000 a change of 27.7% since the last quarter. The suitors were ultimately trumped by Restaurant Brands International Inc., which bought the fried-chicken brand for about $1.8 billion. Finally, Teachers Advisors LLC lifted its stake in Buffalo Wild Wings by 3.6% in the 1st quarter. For this reason it is often more effective to compare a company's ROA to that of other companies in the same industry or against its own ROA figures from previous periods. Marcato had accused Buffalo Wild Wings of ripping off franchisees, and nominated three directors to its board. 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.

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