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Craig-Hallum Sticks to Its Buy Rating for El Pollo LoCo (LOCO)

Tipranks - Tipranks - Sat May 9, 9:16AM CDT

Craig-Hallum analyst Jeremy Hamblin reiterated a Buy rating on El Pollo LoCo today and set a price target of $22.50.

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According to TipRanks, Hamblin is a 4-star analyst with an average return of 8.3% and a 49.89% success rate. Hamblin covers the Consumer Cyclical sector, focusing on stocks such as Kura Sushi USA, Citi Trends, and El Pollo LoCo.

In addition to Craig-Hallum, El Pollo LoCo also received a Buy from Benchmark Co.’s Todd Brooks in a report issued today. However, on the same day, William Blair maintained a Hold rating on El Pollo LoCo (NASDAQ: LOCO).

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Based on El Pollo LoCo’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $123.52 million and a net profit of $6.54 million. In comparison, last year the company earned a revenue of $114.28 million and had a net profit of $5.95 million

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