Jefferies Keeps a Buy Rating on El Pollo LoCo

By Jason Carr

Jefferies analyst Andy Barish reiterated a Buy rating on El Pollo LoCo (NASDAQ: LOCO) on July 12 and set a price target of $14. The company’s shares closed yesterday at $11.60.

According to TipRanks.com, Barish is a 4-star analyst with an average return of 5.6% and a 51.7% success rate. Barish covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Cheesecake Factory, and Domino’s Pizza.

Currently, the analyst consensus on El Pollo LoCo is a Moderate Buy with an average price target of $14.

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The company has a one-year high of $13.63 and a one-year low of $9.05. Currently, El Pollo LoCo has an average volume of 300.6K.

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El Pollo Loco Holdings, Inc. engages in the ownership and management of restaurant chains. It develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco. The company was founded in 1975 and is headquartered in Costa Mesa, CA.