Good Times Restaurants (GTIM) Receives a Buy from Maxim Group

By Jason Carr

In a report released yesterday, Stephen Anderson from Maxim Group reiterated a Buy rating on Good Times Restaurants (GTIMResearch Report), with a price target of $5.00. The company’s shares closed last Monday at $1.47, close to its 52-week low of $1.30.

According to TipRanks.com, Anderson is a 4-star analyst with an average return of 5.2% and a 58.6% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Del Taco Restaurants, and Dine Brands Global.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Good Times Restaurants with a $5.00 average price target.

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The company has a one-year high of $3.08 and a one-year low of $1.30. Currently, Good Times Restaurants has an average volume of 20.44K.

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Good Times Restaurants, Inc. owns, operates, and franchises restaurants in Colorado and Wyoming. It operates through the following segments: Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar restaurants. The company was founded in 1987 and is headquartered in Lakewood, CO.