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Wendy’s (WEN) Receives a Hold from BMO Capital

Tipranks - Thu Jun 11, 9:00AM CDT

BMO Capital analyst Andrew Strelzik maintained a Hold rating on Wendy’s today and set a price target of $8.00.

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Strelzik covers the Consumer Cyclical sector, focusing on stocks such as Wendy’s, Brinker International, and Chipotle. According to TipRanks, Strelzik has an average return of 3.6% and a 53.00% success rate on recommended stocks.

Wendy’s has an analyst consensus of Hold, with a price target consensus of $7.18.

Based on Wendy’s’ latest earnings release for the quarter ending March 29, the company reported a quarterly revenue of $540.64 million and a net profit of $22.71 million. In comparison, last year the company earned a revenue of $523.47 million and had a net profit of $39.23 million

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