Impact of Brokerage Rating on Popeyes Louisiana Kitchen, Inc.(PLKI)

Many Popeyes Louisiana Kitchen, Inc.(PLKI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Maxim Group on Feb 14, 2017 to Hold, Raises Price Target to $ 70 from a previous price target of $63 .Popeyes Louisiana Kitchen Inc was Downgraded by Sidoti to Neutral on Feb 14, 2017.

Company has reported several Insider transactions to the SEC, on Sep 19, 2016, Carolyn H Byrd (director) sold 1,500 shares at 54.65 per share price.On Apr 18, 2016, Richard Lynch (Chief Global Brand Officer) sold 8,300 shares at 52.78 per share price.On Mar 3, 2016, Harold M Cohen (General Counsel) sold 5,500 shares at 55.10 per share price.

Popeyes Louisiana Kitchen Inc Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.53. The company had revenue of $64.00 million for the quarter, compared to analysts expectations of $64.92 million. The companys revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.

Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.33 by 9 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold.

Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI): The stock price is expected to reach $ 63.22 in the short term. The number of analysts agreeing with this consensus is 9. The higher estimate for the short term price target is at $72 while the lower estimate is at $56. The standard deviation of the price stands at $4.52.

Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI) witnessed a decline in the market cap on Tuesday as its shares dropped 6.45% or 4.57 points. After the session commenced at $67.59, the stock reached the higher end at $67.7576 while it hit a low of $65.66. With the volume soaring to 870,588 shares, the last trade was called at $66.25. The company has a 52-week high of $75.74. The company has a market cap of $1,373 million and there are 20,726,236 shares in outstanding. The 52-week low of the share price is $49.11.

Popeyes Louisiana Kitchen Inc. owns, operates and franchises a chain of quick-service restaurants. The company operates in two business segments: franchise operations and company-operated restaurants. It operates primarily in Texas, California, Louisiana, Florida, Illinois, Maryland, New York, Georgia, Virginia and Mississippi. Popeyes Louisiana Kitchen Inc., formerly known as AFC Enterprises, Inc., is based in Atlanta, United States.

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