The Restaurant ETF (NASDAQ:BITE) has received a consensus rating of “Hold” from the eight analysts that are presently covering the firm. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $701.67.
BITE has been the topic of a number of analyst reports. Beaufort Securities reiterated a “hold” rating on shares of The Restaurant ETF in a research note on Tuesday, August 30th. N+1 Singer reiterated a “buy” rating on shares of The Restaurant ETF in a research note on Wednesday. Finally, Shore Capital reiterated a “buy” rating on shares of The Restaurant ETF in a research note on Wednesday, July 27th.
The Restaurant ETF (NASDAQ:BITE) opened at 24.53 on Wednesday. The Restaurant ETF has a 1-year low of $22.06 and a 1-year high of $27.27. The company has a 50 day moving average price of $25.53 and a 200-day moving average price of $25.66.
About The Restaurant ETF
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