♔ The Trade Off
Potbelly (PBPB) Gets a Buy from Lake Street
In a report released today, Mark Smith from Lake Street reiterated a Buy rating on Potbelly, with a price target of $15.00. The company’s shares closed yesterday at $11.51.
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Smith covers the Consumer Cyclical sector, focusing on stocks such as Clarus, Red Robin Gourmet, and Sportsman’s Warehouse. According to TipRanks, Smith has an average return of 7.7% and a 38.60% success rate on recommended stocks.
In addition to Lake Street, Potbelly also received a Buy from Benchmark Co.’s Todd Brooks in a report issued today. However, on the same day, William Blair reiterated a Hold rating on Potbelly (NASDAQ: PBPB).
PBPB market cap is currently $334.6M and has a P/E ratio of 8.19.
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